Published
After a brief pause, the Bank of Canada has again raised its key interest rate— this time to 4.75 per cent— making the prospect of buying a home further out of reach for renters.
While many economists were not expecting the move, some now say further increases might be coming later this summer.
As Mike Drolet explains, both the central bank and the federal government are being blasted for being out of touch with Canadians.
For more info, please go to https://globalnews.ca/news/9751501/bank-of-canada-interest-rate-june-2023/
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While many economists were not expecting the move, some now say further increases might be coming later this summer.
As Mike Drolet explains, both the central bank and the federal government are being blasted for being out of touch with Canadians.
For more info, please go to https://globalnews.ca/news/9751501/bank-of-canada-interest-rate-june-2023/
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews
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- U.S. & Canada
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- global news, interest rate hike, Bank of Canada
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