Trust the banker Carney they say, Bankers know best.\u00a0 lol<\/p>\n
The Bank of Canada told Canadians in 2020 to: Buy a house Buy a car Borrow \u2014 rates would stay low \u201cfor a very long time<\/span>\u201d Then they jacked rates at the fastest pace in Canadian history. In 2020 Canadians locked in 5 year mortgages, 1.2 million mature within 12 months. They are facing double some triple interest rates (today) Now? <\/span><\/p>\n 100,000 jobs lost <\/span>Real estate smashing into a wall <\/span>120,000 more job losses expected Tiff Macklem caused the crisis in 2020. Now he\u2019s doing nothing to fix it. And the Bank of Canada bonuses? Likely $26 million in 2024. We are waiting for the Bank of Canada\u2019s financial statements they are 1 month late based on historical reporting release dates.<\/span><\/p>\n https:\/\/x.com\/i\/status\/1930297379863048554<\/a><\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Trust the banker Carney they say, Bankers know best.\u00a0 lol The Bank of Canada told Canadians in 2020 to: Buy a house Buy a car Borrow \u2014 rates would stay low \u201cfor a very long time\u201d Then they jacked rates … Continue reading