The central bank's next policy rate announcement is scheduled for July
Plus: Is the Bank of Canada referring to price gouging by corporations?
This is despite majority of Canada’s new housing supply arising in existing urban neighbourhoods
"If you give them a choice – a recession versus inflation rising – they will go with a recession any day"
The central bank’s policy rate has reached its highest level in more than two decades
The trend was mainly impelled by sustained economic volatility, according to Equifax Canada