this post was submitted on 24 Jan 2024
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Personal Finance Canada

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affairesdepiasses@lemmy.ca
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Bank of Canada maintains 5% rate (www.bankofcanada.ca)
submitted 9 months ago by affairesdepiasses@lemmy.ca to c/personalfinancecanada@lemmy.ca
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[–] avidamoeba@lemmy.ca 15 points 9 months ago* (last edited 9 months ago)

That's the point. We're adjusting the market by getting some people to lose their shirts. Mainly homes and jobs.