Bank of Canada Talks Immigration, Falling Dollar, Debt and Tariffs: Senate

#bankofcanada #canadianeconomy #canadiandollar

The Bank of Canada said falling immigration numbers could limit Canada’s economic development during an appearance before the Senate’s Finance Committee.

Monetary Policy Report – October 2024:

Bank of Canada - Banque du Canada:

Bank of Canada ready for another half-point rate cut if warranted, Macklem says:

Canadian Dollar/U.S. Dollar:

Government of Canada reduces immigration:

Canadian government already bracing for potential Trump tariffs:

Canada budget deficit over first five months of 2023/24 rises to C$9.84 bln:

Bank of Canada could deliver bigger rate cut again amid signs economy stalled:

Consumer price index:

Policy interest rate:

Canadian dollar could 'crater' if Bank of Canada cuts faster and deeper than the Fed, say economists:

Trump tariffs would hit Canada 'faster and harder' than most: former top Trudeau aide:

'I don't mean just a little bit better': Donald Trump threatens to leave NAFTA if elected:

6 key differences between NAFTA and the USMCA deal that replaces it:

Fiscal and monetary policy rowing in opposite directions, Macklem says:

Posthaste: Bank of Canada can go bigger on rate cuts as Fed 'blows the door wide open':

Ottawa to cut immigration targets in a major policy reversal:

Mark Mitchell – Mortgage Broker London Ontario
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Commentary on this Channel should not be considered financial advice.

[pilotgirl]

Good info and wow the Senate actually had some decent questions on point with what Canadians are worried about. Who knew ! Thanks Mark. .

[brads]

The Senate clearly watches this channel 😊

[josephsantarcangelo]

I've been investing in US dollars since late 2022 and bought a significant amount at $0.72. While I was early, I'm now enjoying the risk-free 5.5% return on my Treasury bills

[mogulrider]

umm it's not like you didn't warn folks about currency, inflation, and purchasing power.
thks Mark.

[joshdoddadbod]

All of this stuff is so disconnected from reality. People are still suffering drastically from inflation as wages havent increased accordingly, meanwhile the govt and BOC all say its all swell.

[jeffchapman]

I'm really enjoying your concise and direct analysis interspersed with snippets of humorous short clips.

It's working for me.

Please keep it up and continued success.

Very informative.🎉

[Lisa-vkjw]

Wouldn’t be the first time we have had a 67 cent dollar. 😢as usual, they over tightened screwed the economy now they are scrambling to dial it back. I’m still not over “ interest will not be going up anytime soon”. The 70s /80s called they want their policy back.🤬

[barrycochrane]

“Inflation is now where they want it… “So why are so many Canadian suffering like we have never seen before? What a bunch of crap by these gangsters!😠

[lawrencehalpin]

Thank you Mr. Mitchell. Great report. He really did not tell us much though. Kind regards.

[matthewsemenuk]

I see the clouds rolling in and the waves getting rougher. Sucks our finance minister doesn't understand why a central bank cuts rates, among other things.

[lindab]

Canadian dollar - Thanks for sinking!!

[LC-hvqn]

The BOC should address government spending. Its part of reality.

Thanks agian Mark...

[DWood-jj]

Good observation on what can be an elusive target... the heart of the matter. Always fun to watch you "fluff" the RE Industry and our "Media's reporting" and how it often (always?) differs with the reality of the situation.

[dgdg]

Thank you for the updates, appreciate it.

[Casey-qmnd]

The best mortgage broker on youtube. Mark is the face of Canadian mortgage brokers.

[jason]

Love the snippets from tv shows, hilarious

[shanesteele]

In the coming months we will be importing more fresh fruit and veggies from the US the low dollar will spike higher prices for food (cpi) up

[sander]

I used to string my Prestige by skipping alternating crosses, 18x10 pattern. Insane spin but had to be kevlar mains.

[dhruvpatel]

Is it comedy channel or financial channel hard to find any difference lol 😂😂😂
Love your editing skills men 😂😂😂

[matthewsemenuk]

One thing about inflation, I noticed some commodities aren't keeping up with food or housing. Such as, copper and oil isn't up +50% from 8 years ago.