Yet clients will need guidance in the medium term due to real estate-driven volatility and affordability pressures
The pound touched an all-time low against the U.S. dollar on Monday
A lower loonie might make it harder for the Bank of Canada to stem inflation
New homes increasingly likely to be rented
Powell's message may disappoint investors who were hoping for a signal that the Fed might soon moderate its rate increases
The expiration comes as the federal government works on modernizing the program
The Communist Party effectively acknowledged last month that it can't hit this year's official 5.5% growth target
Investor exuberance is fading as companies try to stave off a potential recession
Without the easing of global pressures, more aggressive action from the Bank of Canada may be necessary
By historical standards, the contraction is expected to be short-lived