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Oil spike unlikely to reignite inflation or shift Bank of Canada rate path, RBC says

Summary by Mortgage Rates & Mortgage Broker News in Canada
Despite a sharp rise in oil prices tied to Middle East tensions, RBC says weaker demand and stable supply chains should limit broader inflation pressures.
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Mortgage Rates & Mortgage Broker News in CanadaMortgage Rates & Mortgage Broker News in Canada

Oil spike unlikely to reignite inflation or shift Bank of Canada rate path, RBC says

Despite a sharp rise in oil prices tied to Middle East tensions, RBC says weaker demand and stable supply chains should limit broader inflation pressures.

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Mortgage Rates & Mortgage Broker News in Canada broke the news in on Tuesday, April 14, 2026.
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