Unpacking the Bank of Canada's pause: FP Video talks to the economists
Donald Trump's trade war fits and starts continued to buffet stock markets and upend international relations this week as the United States president floated a pause on auto tariffs but then barred Nvidia Corp. from selling a specialty chip to China.
Amid this turmoil the Bank of Canada held its key interest rate Wednesday and FP Video talked with economists about the reasoning behind the decision and where policymakers might go from here.
FP Video's Larysa Harapyn also spoke with mortgage broker Ron Bulter about what it will take to get Canada's 'muted' housing market moving. And energy analyst Eric Nuttall filled us in on the opportunities Trump's trade war could create for the Canadian oil industry.
Randall Bartlett, deputy chief economist at Desjardins Group, talks about how the Bank of Canada will want to keep its foot near the brake as it eyes further interest rate cuts.
Ron Butler, a broker with Butler Mortgage, talks about what is happening in the mortgage and housing markets and the role future Bank of Canada interest rate cuts could play.
Eric Nuttall, senior portfolio manager at Ninepoint Partners LP, talks about how Canadian oil producers are stronger than United States rivals as Trump's trade policies rock the world.
Benjamin Tal, deputy chief economist at CIBC Capital Markets, talks about the impact of uncertainty under Trump on Canada's economy, which may already be in recession.
Auto tariffs could be 'quite devastating': Linda Hasenfratz
'Unprecedented' times will test investors: Kelley Keehn
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