Happy Monday Morning! It’s budget season, and the fiscal taps are wide open, flush with new promises and billions in new spending. This will make life more difficult for Macklem and friends at the Bank of Canada who are still fighting the last mile on inflation. They’re on deck this week, no cut expected. It seems rate cuts continue to be pushed further and further out, inflicting additional pain on highly levered households.
Zoning for Cash
Zoning for Cash
Zoning for Cash
Happy Monday Morning! It’s budget season, and the fiscal taps are wide open, flush with new promises and billions in new spending. This will make life more difficult for Macklem and friends at the Bank of Canada who are still fighting the last mile on inflation. They’re on deck this week, no cut expected. It seems rate cuts continue to be pushed further and further out, inflicting additional pain on highly levered households.