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EconomyCanadian housing market ‘on its knees’ as rate-hike expectations rise

The Bank of Canada has not raised rates since July 2023. Although it is widely expected to hold rates steady for an eighth consecutive time next week, more economists and traders now anticipate a hike to curb stubborn inflation.

Canadian housing marketBank of Canadainterest ratesinflation

CCBC News★★★☆☆2026-10-21 08:00Original

Canadian housing market ‘on its knees’ as rate-hike expectations rise
Economy