Brexit Shatters Hopes for Canada Interest-Rate Normalcy

The video discusses the current state of interest rates in Canada, focusing on the impact of Brexit on government bond yields and the potential actions of the Bank of Canada. It highlights the market's expectation of a possible interest rate cut and the delay in rate normalization. The discussion also covers trade concerns, particularly the effects of Brexit and the US election on Canada's trade relationships, emphasizing the volatility and risks in the trade outlook.

What factors are influencing the current interest rates in Canada?

How has the Brexit result affected Canadian government bonds?

What is the market consensus regarding the Bank of Canada's actions this year?

In what ways might Canada's trade relationships change post-Brexit?

What are the potential implications of the US election on Canada's trade outlook?