Latest / The Flow: Real Estate and Money Show
Trump's 50% Tariffs Are Pushing Canadian Mortgage Rates Up
On July 21, the US hit $28 billion of Canadian exports with 50% tariffs under a 1930 law with no confirmed use in roughly 90 years. They take effect August 19, and there's no CUSMA
exemption this time. Last tariff war, Canadian fixed mortgage rates fell. This time opened the other way, and the gap is $264 a month on a $600,000 renewal.
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