News of the day: Macklem on rate decisions, 30-year mortgages, LNG expansion, living paycheque to paycheque, ‘mega’ productivity deduction and more
It’s Tuesday, Sept. 22. Here are the top stories we’re following today.
Bank of Canada to make rate decisions based on domestic economy, not markets or the Fed, says Macklem
Bank of Canada governor Tiff Macklem said the central bank’s governing council will continue to make monetary policy decisions based on economic realities in Canada, rather than be influenced by Federal Reserve decisions or market predictions.
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Garry Marr: Why U.S. 30-year mortgage contracts are a mixed blessing for homeowners
Canadians renewing their mortgages this year might wish they were part of the American system that locks rates in for 30 years. But as the saying goes, be careful what you wish for.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on financialpost.com — the content belongs to Financial Post.