In the USA, the unemployment rate is closer to 4%, and is not complacent about it. Here in Canada we are supposed to jump for joy at 6%. The impacts of pipelines lacking is finally resulting in the rose colour coming off economists' and BoC's glasses.
What's that I hear? I think I hear a sigh of relief from real estate agents and mortgage brokers.
https://business.financialpost.com/news/economy/bank-of-canada-holds-interest-rate-at-1-75-per-cent
https://www.bloomberg.com/news/articles/2018-12-04/falling-car-sales-are-latest-sign-of-rate-hikes-hitting-canada?srnd=premium-canada
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