Growth in Canada is estimated to have slowed GNP wise measurement in the last quarters of the year .The U..S. economy tended to steady out. A rebound in economic terms may in order remarks M. Labovitch . The Bank of Canada as well as the Federal Reserve are likely to stay put and solemn as both currencies hover around present values and core inflation dissipates . It may be true that with the U.S. election looming may well attempt to “straighten” out the markets by cutting interest rates - mortgage rates , house building start rates will increase and improve in an upward trend while the mortgage deliquency rates will trend downwards.
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