This is a Policy choice by the Canadian government. Instead of tackling the root cause, which is obscene corporate profiteering, we get to pay, again, for products and services we have already paid for many times over. In, fucking, sane.
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Posthaste: Chances of 75 basis-point rate hike from the Bank of Canada just went up\u0027The chance of the Bank of Canada following through with its hint of a larger 75 bp interest rate hike in July have risen\u0027 This guy is incompetent- he should have raised rates last year, the horse has left the barn. He is just going to cause a recession. Yay recession! Good thing Trudeau borrowed all that money to spike the housing market so it can fall and put everyone in negative equity!
Source: nationalpost - 🏆 10. / 80 Read more »
Canadian homeowners feeling the pinch of rising rates: Manulife Bank debt surveyCanadian homeowners feeling the pinch of rising rates: Manulife Bank debt survey — via financialpost financialpost If interest rates were not already at historic lows perhaps we wouldn’t be in this pickle… financialpost But they’ve barely raised and aren’t even at pre-pandemic levels. Anyone that got a variable rate mortgage instead of fixed rate at such low rates over past couple years is a moron too
Source: VancouverSun - 🏆 49. / 61 Read more »
More rain means B.C.'s East Kootenay region may flood Monday or Tuesday: Environment CanadaA special weather statement has also been issued for the Elk Valley and East Kootenay region, which is expected to experience the heaviest rainfall at about…
Source: VancouverSun - 🏆 49. / 61 Read more »
More rain means B.C.’s East Kootenay may flood Monday or Tuesday, Environment Canada saysThe River Forecast Centre says wet weather is expected and current hydrologic modelling indicates risks for flooding
Source: globeandmail - 🏆 5. / 92 Read more »
Canada to invest millions to cut emissions at BHP potash mine, source saysCanada’s Industry Minister and Agriculture Minister are scheduled to make an announcement on ‘moving toward the net-zero emission economy’ on Monday More corporate welfare. Especially egregious because it goes to a foreign company. They won't say how much - just millions. The money is going to buy electric vehicles and the like. Net zero is going cost a boodle and hurt the average Cdn in the pocketbook TrudeauTheTyrant Canada's unrealistic environmental commitment is killing the country. More borrowed billions! Can’t wait to pay off JTs tab when he gets punted.
Source: globeandmail - 🏆 5. / 92 Read more »
New bank rules come into force this month but critics say they don't go far enoughThe long wait for shorter wait times on resolving bank complaints is almost over as part of a raft of updates to banking regulations set to come into force. l agree . Service charges need to increase 300 % per month . Bring back Public Postal Banking. Typical government kowtowing to banks. No spine
Source: CP24 - 🏆 30. / 67 Read more »