Why the Bank of Canada Is Comfortable Hiking Rates

The video discusses the recent changes in Canadian bond yields, highlighting the inversion of the yield curve where short-term bonds yield more than long-term ones. It explores the implications of this on Canada's monetary policy, emphasizing the focus on short-term rates due to the prevalence of five-year fixed mortgages. The discussion also touches on the housing market and the role of macroprudential policy. Additionally, the video reviews Canada's fiscal policy, noting the slow progress of infrastructure projects under the Trudeau government but highlighting their potential to boost economic growth.

What is the current status of infrastructure projects under the Trudeau government?

What are the implications of the approved projects for Canada's economic growth?