Overview
After more than a year of interest rate hikes many are hoping the Bank of Canada will step back for the remainder of the year with an expectation from some economists it will start cutting rates next spring.
Meanwhile, the housing crisis continues, further impacted by Canada’s rapidly increasing population, leaving many to wonder where the influx of new residents will live as affordability worsens for both homebuyers and renters. Grocery prices are also outpacing inflation, causing many Canadians to find ways to stretch their income further.
However, despite these pressures the stock market and economy have generally absorbed the interest rate and price hikes. Can the Canadian economy continue to be resilient and what will all of this mean for the balance of the year?
Please join us virtually for a third-quarter economic update with Osler Special Advisor and former Governor of the Bank of Canada Stephen Poloz. Stephen’s unique experience and insights into complex economic conditions make this essential viewing for business professionals and investors alike.
Osler National Co-Chair Maureen Killoran, KC facilitates the Q&A session with Stephen.