Bank of Canada Governor says Trudeau’s spending is keeping inflation high
“Last time I was here, I think I said government spending on goods and services was forecast to grow at about two and a quarter. That has now moved up to two and three quarters. That is somewhat above two per cent, so, yeah, that is not helpful…”
BoC Deputy Governor links housing crisis with high immigration
“Canada’s housing supply has not kept pace with recent increases in immigration.”
86% of Canadians say no to a digital Loonie
The Bank of Canada reported that Canadians want nothing to do with digital money.
Bank of Israel issues guidelines on promoting digital currency acceptance
The Bank of Israel has indicated that it will introduce CBDCs if the US and/ or Europe decides to do so as well.
Bank of Canada bigwigs got $20 million in bonuses, raises despite hiking interest rate seven times
Meanwhile, some Canadian families are struggling to put food on the table and gas in their tank.
Got a mortgage in 2021? Expect to pay 30% more monthly in the next four years
Everybody who got a mortgage in either 2020 or 2021 should expect to pay 30% more on monthly payments in the next four years.