In this video, Vancouver Realtor Jay Coupar discusses Canadian interest rates, inflation, and the divergence between the US and Canada's economy.

While our economy here is slowing dramatically, and arguably on the cusp of a recession, the US is still running hot. This means that the bank of Canada will likely act more aggressive than our US counterpart in cutting interest rates. This will likely cause weakness in the Canadian dollar, strengthening our exports and bolstering economic growth.

With interest rate increases in Canada likely over, we are now beginning the rate cutting cycle, which has huge implications for the real estate industry.

In addition, there are major changes happening in the political landscape, both at the federal and provincial level. If we get a common sense Conservative government in power, this could set Canada up for a very positive future.

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