WHAT DOES CIBC CHIEF ECONMIST SAY ABOUT ABOUT HIGHER INTERST RATES!

“Raising interest rates a bit earlier, slowly, can guarantee stability as opposed to raising them quickly,” he said. “I’d be much happier to see the Bank of Canada moving earlier, and be ahead of inflation, as opposed to [waiting].

“I think the housing market can easily take 25- or 50-basis point increases by mid-2022 without really derailing it in any significant way.” #SANDI HALPERN # SOLD # LEASED # INTEREST RATES