Want to create an interactive transcript for this episode?
Podcast: Brian Crombie Radio Hour
Episode: Brian Crombie Radio Hour - Epi 1500 - Canada’s Interest Rate Reset: What Comes Next with Carl Gomez
Description: Tonight on The Brian Crombie Hour, Brian is joined by Carl Gomez, one of Canada’s leading economists, for a deep dive into the Bank of Canada’s interest rate cuts, the mortgage reset crunch, and the broader forces shaping our economy. Carl explains how the Bank’s move to lower rates from 5% to 2.25% is stabilizing inflation fears but warns that the real solutions to Canada’s economic slowdown must come from structural reform, not just monetary policy.Together they explore:How upcoming mortgage renewals could raise payments by $1,000 a month for many householdsWhy the housing market is coolin...