Canada’s facing a trade war with its largest partner, and it may send interest rates plunging. BMO Capital Markets wrote to investors after the first round of tariffs were announced this weekend. The bank now expects rates to be slashed much more aggressively, trimming another point off the bottom for overnight rates. The plunge would […]
Gravy & cheese curds. Tegan & Sara. Denim & denim…there’s only one iconic duo that trumps those to Canadains, and it’s the tightly integrated economies of Canada and the US. Like all bromances, this relationship is going through a bit of a rough patch, with the new American administration threatening to impose 25% tariffs on […]
The US economy’s booming recovery has created a temporary bump to inflation… that may not be temporary. BMO believes part of the jump in the consumer price index for April was due to a fleeting base effect. However, the bank’s senior economist Robert Kavcic argues there’s a little more to it. More recent growth is […]
