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Bank of Canada raises its interest rate to 5%
(www.cbc.ca)
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this post was submitted on 12 Jul 2023
186 points (98.4% liked)
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Yep. It's like this is specifically targeting people who could finally fucking afford to buy homes in their thirties and jumped on it before it was too late. (I know it isn't actively malicious, but the effects down the line - and let's just throw in https://lemmy.ca/post/1338829 while we're at it - are going to be horrendous).