Reasons to think BoC could cut rates in April, headwinds for mortgage market remain: Royce Mendes
Royce Mendes, managing director and head of macro strategy at Desjardins, joins BNN Bloomberg to discuss Canada's housing market. Mendes says the only reason Canada's economy hasn't fell into a recession being population growth. However, he expects it to decrease later this year given lack of housing and Feds' measures. Furthermore, he adds slower population growth could show more economic cracks. He expects at least a mild recession in Canada. Subscribe to BNN Bloomberg to watch more videos: https://www.youtube.com/BNNBloomberg Connect with BNN Bloomberg: For the latest news visit: https://www.bnnbloomberg.ca For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video BNN Bloomberg on Facebook: https://www.facebook.com/BNNBloomberg BNN Bloomberg on Twitter: https://twitter.com/bnnbloomberg BNN Bloomberg on Instagram: https://www.instagram.com/bnnbloomberg BNN Bloomberg on LinkedIn: https://www.linkedin.com/company/bnn-bloomberg -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.