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submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca

Just over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.

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[-] kent_eh@lemmy.ca 4 points 1 year ago

Because BoC’s mandate is to limit inflation

And further to that, they have very few tools at their disposal - interest rates being the main (and most effective) one.

this post was submitted on 11 Jul 2023
78 points (95.3% liked)

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