Wow, you mean tying our entire nationโs success to a speculative real estate market was a bad idea?
this post was submitted on 30 Apr 2024
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What do you mean? A few wealthy individuals made a lot of money. Raging success.
Remember it's the Financial Post. Gotta take things they say with a heaping pile of salt.
There's somewhat small blurb at the end stating what sectors actually saw change, but overall the article is to clearly to convey BoC should lower rates soon as it's mentioned three times in a rather short article.
For anyone who actually wants to know what changed the data is on Stat Can - https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610043402