True North Commercial REIT TUERF

Let the cuts begin

[flamingogold]

Bake that rate cake and take a slice out at the same time. Latest Canadian CPI data now says a June cut is on.

https://www.bnnbloomberg.ca/latest-cpi-data-points-to-a-june-rate-cut-economists-say-1.2075597

[nedstar71]

Cutting in June would be premature imo.  Not that a quarter percent cut will make much difference, but what exactly is the rush?

[garyreins]

The rush is the CAD economy doing bad already and the lag before the cuts will restimulate it.   you need to be ahead of the curve 

[nedstar71]

The Canadian economy deteriorating has more to do with left wing policies detroying the country than it does interest rates being 5%, which historically isn't much higher than average.