Here's the tension the Bank is managing. Oil prices have pushed inflation up to 2.8%. But the economy is soft, GDP barely moved in the first quarter. Raise rates and you slow things down further. Cut rates and you risk feeding inflation. So they're holding, and BMO expects them to keep holding through the end of the year.One thing that stood out to me: when asked if Canada is in a recession, Macklem said...
Here's the latest. 👇The Supreme Court of Canada has declined to hear the Wolastoqey appeal from New Brunswick, leaving in place a decision that Aboriginal title could not be declared over privately owned, fee-simple land in that case.This may shape the broader conversation around the Cowichan case here in B.C. — but it does not automatically settle the issue for us.My view: homeowners deserve clarity,...
Inflation hit 2.4% in March and is expected to climb to ~3% in April, driven by higher gas prices linked to the Middle East conflict. It's forecast to ease back to the 2% target by early 2027.Governor Tiff Macklem signaled that if the economy tracks expectations, any future rate moves will likely be small.Next decision: June 10. What do you think happens next?🔗...
The distinctive Fifteen Fifteen tower in downtown Vancouver is now rising past the 30th floor, revealing its stacked, cantilevered design. Set to complete in 2027, the 42-storey building is already reshaping the skyline. Bold architecture or too unconventional for Vancouver? 🔗...
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