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Business & Economics

Tariffs bad news for economy but maybe not so much for homebuyers

calgaryherald
Summary
Nutrition label

65% Informative

U.S. tariffs on all exports with the exception of oil and gas, would likely lead to a recession.

That would cause bond yields to fall, which guide interest rates on fixed rate mortgages.

Rates would likely fall further as the Bank of Canada could lower its policy rate to 1.5 per cent , leading to lower rates for variable mortgages.

VR Score

80

Informative language

88

Neutral language

48

Article tone

informal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources