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CCC: 5 Minutes for Business - U.S. Interest Rates about to Rise: What Does It Mean for Canada?

Tuesday, December 01, 2015

In this edition of 5 Minutes for Business, Hendrik Brakel, our Senior Director, Economic, Financial and Tax Policy, looks at the impact a rising U.S. interest rate could have on the Canadian economy. 

A stronger U.S. economy is good for the global economy and it’s definitely good for Canadian business. But after seven long years with interest rates at zero, is the U.S. Federal Reserve really ready to raise rates in December? Will the U.S. economy be taken by surprise? 

More directly, what does it mean for the Canadian economy? Will the move help our exports or simply put pressure on our dollar? 

Read 5 Minutes for Business to find out. 

For more information, please contact Hendrik Brakel.

5 Minutes for Business

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