Enough evidence for Bank of Canada to cut interest rates in April — but it probably won’t

Canada's economy no longer requires 5% interest rates, according to the chief economist. The Bank of Canada is set to announce the next interest rate decision soon. There are discussions about the impact of lower-than-expected inflation on the Bank of Canada and Canadian borrowers. Suggestions have been made for the Bank of Canada to make aggressive rate cuts, although there are concerns about the potential effects on the housing market.