@cp24breakingnews: The Bank of Canada raised its key interest rate by a quarter of a percentage point this morning, bringing it to 5 per cent. Forecasters were widely expecting the move as the economy continues to run hotter than expected. The central bank says the rate hike was prompted by elevated demand in the economy and strong underlying inflation pressures.

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Region: CA
Wednesday 12 July 2023 16:09:21 GMT
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lisa_lem8
Lisa💍✝️ :
So much corruption in this country. It’s insane. 😂😂😂😂
2023-07-12 17:55:32
164
billpittsburgh7
steelersman :
I didn't renew my Disney I should be fine
2023-07-12 17:57:20
153
adamyoung921
Adam :
bank of Canada should go after grocery chains and petroleum companies and leave us alone
2023-07-12 18:37:07
115
stevenfashions
Stevenfashions :
We got grocery rebate so we are ok for one year 😏
2023-07-12 16:40:05
56
boflows_
Flows :
Rich people are throwing a party right now
2023-07-12 19:16:54
41
...ihateusernames
user1432123549101 :
it will only stop once everyone is completely broke.. 🥺
2023-07-12 18:22:14
25
mah.basha
BASHA 🇨🇦 :
Remove the taxes on the gas and the carbon tax … that will make the inflation down
2023-07-12 20:56:22
21
thithai925
Thái VT :
The bank are killing us. What the hell 😡
2023-07-12 21:13:20
16
samhnwi28
Sam Kapoor :
Government is taking its GST and grocery rebate back within 3 days. 😂 Canadian are being fooled and robbed
2023-07-12 17:03:35
15
harrysran78
Harry Sran987 :
I am ok because i cancel my Netflix subscription 😂
2023-07-12 19:15:19
12
an705238
AN82603519 :
thats why Canadian moving to US
2023-07-12 22:57:59
6
abc___004
Rennybenny :
Thank god for being mortgage free
2023-07-12 16:50:45
5
soundsgood_sg
smartie.ah :
Government should offer lands to build with free intrest loan. Inflation will get down immediately
2023-07-12 20:26:20
4
v.i.r.k13
V.I.R.K.AUS :
And another $500 million to 🇺🇦
2023-07-12 20:37:10
4
letsgomyguy23
user1175867 :
hey everyone. no foreign buying for 2 years. immediately makes it impossible to buy a house for that 2 years and goes back to readable interest in 3y
2023-07-12 18:06:22
4
lamparkhole
Lamparkhole :
rich people are happy again
2023-07-12 19:11:57
4
cranknem
Crank N em 🐟🎣 :
what an awesome government and financial system we have. Hand down 5 star ⭐️
2023-07-12 18:49:39
4
coachkeils
Coach Keils :
Well getting rid of Disney+ got me through the last hike! Apple TV your next!
2023-07-12 21:11:54
4
chinito.ffo
chinitoq.ffo :
oh Lord...Canada is sinking.
2023-07-12 20:12:08
3
coolranchluke
Cool Ranch Luke :
Crazy how the only way to lower crippling cost of living is to bankrupt all the poors with crippling interest rates.
2023-07-12 17:19:24
3
john.d.arrbuckle
user2341018073246 :
Inflation is down…..homelessness is up!
2023-07-12 16:48:13
3
ilovesocialists101
Yeeeeehawww! :
😂😂😂👌👍👍 Liberal Canada 🤣🇨🇦🇨🇦🙏🙏
2023-07-12 19:02:11
3
the_girl_ulove_2luv
brendadbeautiful :
TRUDEAU WANTS CANADIANS BROKE, HOMELESS AND HUNGRY
2023-07-12 18:35:53
3
marco.chiarelli
Unknown Caesar :
Still pretty low compared to other countries.
2023-07-12 21:00:50
2
coffeeguy74
coffeeguy74 :
And they should keep raising until they get inflation down to 2%.
2023-07-13 01:57:21
2
portraitcanada
Artist Veronica Kvassetskaia :
Bank of Canada and our government are criminals
2023-07-12 20:50:59
2
andymartin661
Andy Martin :
Keep it coming I rented my detached house now for 4500$ and basement for 1800$ and living the dream back home lol who said Canada is not the dream😂
2023-07-12 21:03:36
2
estrellaturner
Estrella :
Time to cancel Netflix
2023-07-12 21:04:23
2
its.thumbelina
Lady Liku 💅 :
Who knew🥺😂
2023-07-12 16:29:49
2
aravinthanjey2
Aravinthan :
RIP bank of CANADA😡
2023-07-12 21:38:19
2
osencity
OsenCity :
Paying for Justinflation while we suffer
2023-07-12 22:44:53
2
huzee101
it's not my fault :
I'm okay cuz I sold my shoe box in Toronto for million and settled in Cuba
2023-07-12 19:55:20
2
ucantdodat
Youcantdothat :
Thanks Trudeau 👍
2023-07-12 23:15:52
2
bmwfan0076855
bmwfan0076855 :
For the first time people who didn’t own property will be feeling happy 😅😅
2023-07-12 23:52:41
2
f5esportsteam
Twitch 21Keyz3x :
They want private lenders and loan sharks to boom. that means private politician money making more money.
2023-07-13 02:38:05
1
pedro89108407
Pedro MC :
how about we make a new bank of Canada and close the old one
2023-07-12 22:51:12
1
dissident.ca
Dissident :
is there any peer-reviewed published study that shows raising interest rate works to prevent or control inflation?
2023-07-12 20:53:49
1
t8047112ben
嘉明2号 :
rising interest and printing money aganist inflation
2023-07-13 01:00:51
1
bunsecgxlti
bunsecgxlti :
Bank of Canada has gone crazy they want everyone to get poor
2023-07-13 00:20:09
1
mobbitybobbity
Caronroad :
It better get the fuck down to 2
2023-07-13 00:11:08
1
mohammadraja350
Mohammad :
keep going until half Canada is bankrupt.. and millionaires become trillionaires.
2023-07-13 00:01:13
1
thiooologi
Thio :
Next year - you Pay $10000dollar mortage every month
2023-07-13 02:49:28
1
besoodboy
besoodboy :
why
2023-07-12 19:37:20
1
unlimited_lifemoments
unlimited_lifemoments :
fucking joke these ass hats better not send money to vrooked ukraine
2023-07-12 19:50:01
1
dman1979
Dman05 :
Trudeau will introduce a new rebate to help out homeowners who make less then $20,000
2023-07-12 19:13:56
1
sanaq444
SanaQR :
What r we going to do….how come no one is doing anything
2023-07-12 18:06:57
1
sunny__6912
Noah_12 :
WTF… Tryina kill people
2023-07-12 23:03:40
1
definatelynotmyrealname
definatelynotmyrealname :
Based
2023-07-12 16:19:00
1
ttml_82
PT :
Lots of overlevergaged people in the comments
2023-07-12 20:01:38
1
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