RE:RE:RE:RE:interest rate cut will boost the share price Trudeau and Freeland are fiscally irresponsible and basically buying votes by showering people with money they don't have. But, let's not forget they do not set the interest rate. That is Tiff Macklem's job. Personally, the time is ripe for a 1/4 pt cut. We can afford a slight bump up in exchange rate at the benefit of priming the economy. Worse scenario is they wait too long to drop the rate and we crash land into a recession.
stock4life48 wrote: Trudeau needs to go, he is spending out of control, the economy is going to hell, and if we lower interest rates too quickly head of the US we could see a heavy drop in the USD. Save $100 on your mortgage payment but spend an extra $300 in cost of living. Yah, make sense to me
As for BBD, do you think people who spend $27 to $78 million USD on a private jet care about about a 1/4 or a 1/2 point drop in the interest rate? How many of planes do we deliver in Canada anyway? I am going to guess 6-8 a year