Bank of Canada’s Benchmark Rate Remains Unchanged at 0.5%

The video discusses the contrasting monetary policies of the Bank of Canada and the Federal Reserve, highlighting the differing economic conditions in Canada and the US. While the US is expected to raise interest rates, Canada shows no signs of doing so due to its sluggish economic growth. The video also examines the impact of falling oil prices on Canada and the lack of visible effects from infrastructure spending, drawing parallels with US policies.

What are the expectations for interest rates in Canada compared to the United States?

How has the Canadian economy been affected by oil prices according to the text?

What is the significance of the 100% probability of a hike at the next Fed meeting?

What did the governor say about business investment and non-energy exports in Canada?

What was mentioned about government spending on infrastructure in Canada?