The Bank of Canada reduced its overnight interest rate for the first time in more than four years amid signs of easing inflation. Hafiz Noordin, Vice President & Director, Active Fixed Income Portfolio Management at TD Asset Management, discusses the outlook for rates going forward and the implications for fixed income markets....
Recent data shows the Canadian economy has continued to grow this year, driven primarily by robust consumer demand. Leslie Preston, Senior Economist with TD, says while growth is likely to continue, consumer demand is likely to lose momentum. ...