Canada's expanding economy could incite a Bank of Canada interest hike

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While the economy grows, the price of goods still remains high and so do the chances of a Bank of Canada rate hike.

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Let's add another tax that should help

jamesporter
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If you actually look into gdp per capita etc its actually shrinking.

joshdoddadbod
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Banks are destroying themselves. Interest rate increases is nothing other than robbery of clients money that they loan out 10 times what they hold. Gold standard is coming soon world wide.

harold
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Expanding economy?? I can barely afford to feed my family this is gaslighting

Gottaloveguitars
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Yes, just completely ignore how interest rates are rising due to the inflation causes by the Liberal-NDP federal government.

primmakinsofis
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Who wants to bet the 3.1 % were government jobs?

canadiansforA
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Yes the economy keeps running along . Fueled by individual and Government debt . This is not going to end well

troyzieman
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It is just astonishing that Bank of Canada, with all the experts and intellectuals, only have one trick in hand to handle this — increase interets rate 🤨

hanathecuttestshiba
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Please raise the interest rate. We need that to bring down the crazy real estate prices.

Samson-ykyy
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"more government jobs added to support seniors in their old age."
Probably a more accurate headline

PrimaMapleSyrup
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Hike it up...Saving accounts are actually paying interest again!

carlospulpo
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Canada's expanding economy. ha ha ha ha ha ha ha

ronstephen