Broken Promises, Flat Housing, Falling Growth: The Carney Reality Check
Canada’s economy is officially on life support, but the problem isn’t interest rates, and it isn’t the Bank of Canada.In this Tap the Maple episode, we break down why Mark Carney’s economic inaction after a full year in office is the real reason housing hasn’t bounced, manufacturing is collapsing, confidence is dead, and Canada is now on recession watch for 2026.Despite aggressive Bank of Canada rate cuts, housing prices are falling, residential construction is flat, per-capita GDP is declining, and the most rate-sensitive sectors of the economy are stagnating. This isn’t a monetary policy…
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