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Bank of Canada Governor Macklem

We’re Paying The Price for Artificially Low Interest Rates

on April 11th, 2022 by The Afro News

Very low interest rates provide a perverse incentive for politicians to borrow heavily and rack up more debt, since interest costs are reduced Canadians are feeling the effects of rising inflation everywhere, from the grocery store to the gas station. In response to the highest level of inflation in three decades, the Bank of Canada

Filed under: Business, Canadian News, Finance, The Bridge Tagged as: Bank of Canada Governor Macklem, Housing Affordability
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