7 March 2018

Bank of Canada remains very concerned about trade issues and sees it as are “growing source of uncertainty for the global and Canadian outlooks”

Bank mentioned slowdown on the housing front. “It will take some time to fully assess the impact of these (rules) on housing demand and prices,” the bank mentioned, adding that “the bank continues to monitor the economy’s sensitivity to higher interest rates.”

Next Bank of Canada meeting is on April 18 and traders think that there is a 33% chance of rate increase next month.