Bank of Canada hikes 50 bps in June, expecting Fed will do …

Bank of Canada hikes 50 bps in June, expecting Fed will do the same.
Fed hikes 75 bps after seeing hot inflation data.
Fed going to hike another 75 bps in July.
BoC does "surprise" 100 bps hike in July to match 150 bps Fed.

BoC hiked 50 bps today. Fed next week.