CIBC: BoC Rate Cut a Risk for Loonie

The video discusses macroprudential policies introduced in New Zealand to address real estate issues, drawing parallels with similar challenges in the Canadian economy. It highlights the constraints on the housing industry in Canada and the potential need for further action to balance the economy. The discussion extends to global economic imbalances and their impact on currency markets, noting similar issues in Australia and New Zealand. The video concludes with observations on the market reactions of the New Zealand, Australian, and Canadian dollars.

What are the expectations regarding the effectiveness of the measures taken in the housing industry in Canada?

What impact did the introduction of macroprudential policies have on the New Zealand dollar?