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Thankfully we now have a ministry of finance serious about inflation and moving rates high, and provincial and federal governments cracking down on Airbnb. No
by b112 3y ago
Thankfully we now have a ministry of finance serious about inflation and moving rates high, and provincial and federal governments cracking down on Airbnb.
No minister has anything to do with interest rates. Only the Bank of Canada does, and it takes no input or guidance from the government.
- cmrdporcupine 3y agoUnfortunately I get the impression that this current BoC leadership is wayyy too sensitive to public backlash and input. And fear that the loud and problematic proclamations of the official opposition are going to lead to immense pressure to lower rates prematurely.
- b112 3y agoI don't know where this impression comes from, although I do see excess political noise on this front. I am disappointed by this aspect of the OO, but that does not imply the BoC is more sensitive.