While the BoC will almost certainly stay put next month, investors await Friday's GDP numbers to confirm it. Meanwhile, more investors are suddenly piling on the Fed cut bandwagon, and Fed easing could, in turn, encourage the BoC to remain on hold longer.

💡See also: Some important Mortgage Tidbits (below). A few weeks ago, the Wall Street Journal reported that Canada's economy is buckling and "flirting with recession." This week, our stock market has exploded to record highs. Given that stocks price in future growth, you wonder if stronger-than-expected

The latest dump of stale shutdown-delayed data suggests the U.S. economy has the stamina of a heavy smoker. GDP estimates (more on those below) argue otherwise. Either way, traders have solidified bets that a Fed cut next month is on the way. So far, this is pulling even Canadian

💡See also: Mortgage Tidbits (below). With no blockbuster data dropping on Monday, traders were stuck gnawing on the same stale crumbs about December's Fed policy decision. Officials at the central bank have ample influence over Canadian rates. However, this time the Americans could have less sway over a