Canada interest rates dropped again

[Hai Loc]

Rates dropped again in Canada. Market will be even more heated.. 

[Roy N.]

Originally posted by @Hai Loc:

Rates dropped again in Canada. Market will be even more heated.. 

Canada's a a big country, not all markets are overly heated.

In the near term (next month), the drop in foot traffic is likely to outweigh the half-a-point drop in the overnight rate.  

If things are returning to normal by May/June, the rate may start to have an impact.