The independent actions are impacting different parts of the market. The meagre supports we've seen from the government to date are largely micro-targeted at l

The independent actions are impacting different parts of the market. The meagre supports we've seen from the government to date are largely micro-targeted at low income persons who are most feeling the existential threats of this inflation crisis. Meanwhile the BoC raising interest rates is dissuading wealthy business owners and investors from further investment and expansion, actions that at least at first are targeted at limiting business investment by the 1% and limiting consumer spending by the top 10% that own homes with big mortgages. (now if the bank goes overboard and induces a recession, well then those 1% business owners will go on and start layoffs, which will start to have some broader effects...)