Economist Sheila Block explains what the Bank of Canada’s interest rate hike to 4.25 per cent could mean for Canadians in 2023.
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Keep tapering the Ponzi, you’re doin great!
Ponzi ? As in Ponzi Scheme ? What do you mean ?
As in Ponzi Enterprise
Everyone that borrows deserved all of this from happening. Buying too much house. Buying too much car. Buying too much useless crap. I’m so happy that I save everything. Just waiting for the stock market too plummet and cash in.
LMAO , Tell me you have NO clue without actually saying it…. LOL
Anyone who got an adjustable loan for a house I feel bad for right now. Always get a loan thats fixed because you are gambling that the rate stays low and while that time you want to pay more
The bank of Canada and the liberal government are responsible for excessive spending and over printing of money
She’s mumbling
omg ,this is a nightmare . Incompetent government is destroying our lives
Delicate balance of our time 😥
What’s next? It’s a sad world we live in!
yeah keep blaming the war for Canada’s money printing…
She needs to understand that higher rates helps boost the CAD$ resulting in cheaper imports. Even if the factors are external, higher CAD will help.
Like to know how.
Great banks are paying interest on are savings again they use to pay 10 percent back in the eighties
When I was a kid in the 70’s interest was easily in the double digits…we were poor and we survived…I guess you shouldn’t have bought a million dollar house car and clothes with no cash
Seems our PM is more interested in RCMP equipment contracts than he is with the fact that Canadians are struggling to put food on the table and secure loans
We need higher interest rate to beat the inflation down
Yeah right, that’s what the Banks want you to believe , I suspect prices won’t go down despite he higher interest rates
Please Repent of your Sins, Jesus loves you and wants you to receive salvation
Climate change impact on food . WTF is she talking about ?????
Liberals did this 😂 right Justin ?😂
Krissy wake up I don’t like this
Notwithstanding the financial instability all over the world, I’m so excited I’ve been earning $45,000 from my $10,000 investment every 10days…
Quite impressive but HOW!!?😊 I know it’s possible, my colleague at work always get 40K every week, I would appreciate if you show me how to go about it.
20% HST across all of Canada would actually help the country more than these rate hikes
Switch the B For C and yah get the “CANK of Banada! “ fits way better HUH!
Gone GREEN JUST keeps giving don’t it! Lah Lah Lah and 🌈🌈🍭🍭still running the show eh! More pain huh, big big understatement! Huh!