Reply To: Bank of Canada Raises Rates After Five Month Pause by 25bps to 4.75%

#59873
TradersCom
Keymaster

Big miss in Canadian #RealEstate, some rebalancing from prior month BUT…

Canada April building permits -18.8% vs -5.0% expected Prior +11.3% (revised to +12.3%)
Non-residential -34.6%
Residential -6.1%
BOC rate announcement tomorrow