this post was submitted on 11 Jul 2023
79 points (96.5% liked)

Canada

7224 readers
289 users here now

What's going on Canada?



Communities


๐Ÿ Meta


๐Ÿ—บ๏ธ Provinces / Territories


๐Ÿ™๏ธ Cities / Local Communities


๐Ÿ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


๐Ÿ’ป Universities


๐Ÿ’ต Finance / Shopping


๐Ÿ—ฃ๏ธ Politics


๐Ÿ Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 4 years ago
MODERATORS
 

Just over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] BruceDoh@sh.itjust.works 6 points 1 year ago (1 children)

Because BoC's mandate is to limit inflation. Affordability isn't their problem.

[โ€“] kent_eh@lemmy.ca 4 points 1 year ago

Because BoCโ€™s mandate is to limit inflation

And further to that, they have very few tools at their disposal - interest rates being the main (and most effective) one.