The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization.
  • nbailey@lemmy.caEnglish
    0·
    1 month ago

    Real estate about to go brrrrrrr. The largely landlord-represented government again looks for its own interests first.