“Rates are so low now that investors should never be making an investment decision based on whether the BoC raises or lowers its rate,”"They need to pay attention to the reasons why it happens.
“Let the consumers obsess about the rate – strategic investors obsess about the why. It is always in the ‘why’ where strategic investment decisions are made.”
“Right now, the Bank of Canada is saying their economic metrics are showing stability and that they are happy with the impact of their last rate cut, happy with the lower Canadian dollar, happy with how that buffers the lower oil price while providing incentives to exporters,”
Don Campbell, a real estate investor, researcher, author and educator read full CREW article HERE
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