Why the Bank of Canada held interest rates today

Why the Bank of Canada Held Rates Despite Economic Concerns | Real Estate Implications On December 10th, the Bank of Canada held the policy rate at 2.25%, prompting questions from Canadians feeling economically strained. Despite a positive GDP in Q3 and seemingly stable unemployment, Canadian consumers feel worse than ever. This video breaks down why the Bank of Canada made this decision, the concept of fiscal dominance, and what this means for home buyers. The video also discusses the discrepancies between government data and public sentiment, the role of government spending, and potential future economic scenarios. For deeper insights and the latest updates in real estate, subscribe and visit valerie.ca. 00:00 Introduction: Bank of Canada Holds Policy Rate 00:42 Economic Indicators: A Mixed Bag 01:29 Fiscal Dominance and Government Spending 02:08 Public Trust in Government Data 02:47 Market Reactions and Predictions 05:25 The Reality of a Recession 10:19 Government Stimulus and Economic Recovery 14:46 Conclusion and Call to Action 1 week FREE trial - Canada's fastest-growing real estate community: https://www.skool.com/realist/about?ref=b8da3671c0794f8298076d38ad304518 Use ai to do your next real estate transaction: https://valery.ca/ Subscribe to Canada's #1 real estate podcast: https://thecanadianinvestorpodcast.com/podcast/the-canadian-real-estate-investor Disclaimer: This video is for informational and educational purposes only. It is not financial advice, legal advice, or professional advice. Do your own research and speak with a licensed professional before making any financial or real estate decisions. #realestate #investing #investment #canada #canadianrealestate #realestateinvesting #realtors #mortgages