What’s ACTUALLY Happening With Canada’s Economy? (The reason the Bank of Canada didn't cut rates.)
🤗 Join over 300,000+ DIY Investors on the Blossom app (FREE) ➤ https://getblossom.onelink.me/SOfu/brandonbeavis
In this episode, I look at the Bank of Canada’s decision to hold its key interest rate at 2.75%, even though we’re seeing falling inflation, at least the headline type. I look at why trade tensions, job losses, and core inflation are forcing the Bank to pause, and what it means for the future of Canada’s economy.
Also in this episode:
📊 The OECD predicts global GDP will stall at 2.9%, as uncertainty and rising tariffs shake markets.
🏬 Hudson’s Bay sells its iconic brand to Canadian Tire in a last-ditch move to pay debts and exit retail.
📦 Canadian Tire gains decades of customer data—while HBC’s 9,000+ workers face layoffs.
🛍️ B.C. investor plans to relaunch 28 HBC stores under a new retail model—despite big risks.
🍞 Loblaw settles Canada’s biggest-ever price-fixing case with a $500M deal, covering 2001–2021 bread sales.
-----------
📥 Subscribe to the Pulse Newsletter for Weekly Market News ➤ https://thepulse.beaviswealth.com/
Courses & Training - The Investing Academy ➤ https://bit.ly/theinvestingacademy
Follow Us On Blossom ➤ https://getblossom.page.link/brandon
Instagram ➤ https://bit.ly/3Oechgh
LinkedIn ➤https://bit.ly/3RLndF7
Website ➤ https://www.beaviswealth.com
-----------
🏦🇨🇦 Sign Up Bonuses 💰💸:
► Wealthsimple Trade ($50 cash bonus) - wealthsimple.sjv.io/Vmome3
► Wealthsimple Invest Robo-Advisor (Receive a $50 sign up bonus) - wealthsimple.sjv.io/oqQqKm
► NEO Financial (Cash Back Credit Card) - https://bit.ly/3yJqb4s
► Questrade Online Brokerage (Get $50 in commission-free trades) - https://bit.ly/3OhrRrK
The above affiliate links are provided for your convenience, and if you click on a link and end up purchasing a product or service, this channel may receive compensation for the referral. We have personally vetted each of these companies and services and, in our opinion, we believe they provide value to our viewers, depending upon your individual circumstances.
Business Inquiries: [email protected]
-----------
Beavis Wealth Disclaimer:
The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.
