Bank of Canada's Hawkish Hold Ignites Rate Hike Fears as Calgary Sales Tank and GTA Supply Tightens

The Bank of Canada held its key interest rate at 2.25% for the seventh consecutive meeting on Wednesday, but Governor Tiff Macklem's language left markets reading between the lines for what comes next.

"There is still slack in the economy and the new American trade actions have increased uncertainty about how sustainable that rebound is." — Bank of Canada Governor Tiff Macklem With inflation stuck at 3%...