The historic “leave” vote in Britain’s Brexit poll last week plunged governments worldwide into a pit of economic and political uncertainty, and the ripples of the referendum will have unmistakable effects on Canada’s real estate and export segments, according to officials and observers.

As reported by Robin Levinson King for the Toronto Star, BMO Nesbitt Burns warned that the full-blown turmoil currently battering global markets post-Brexit would apply a strong downward pressure on interest rates.

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