Bank of Canada

Bank of Canada headquarters – Image Credit: Wiki Commons

A majority of economic and financial folk, including 12 of 17 members of an economic panel assembled by Finders.com, were betting the Bank of Canada would raise its overnight rate by .25% on Jan. 25.

Cash in those chips.

Columnist

Myke Thomas is a Columnist for the Western Standard and Alberta Report based in Calgary, Alberta. He has worked in television and as a columnist, reporter and editor at the Calgary Sun for 22 years.

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(3) comments

PersonOne

The Bank of Canada is not our savior. They seem to be working with Liberals to manipulate our economy in a way that is not good for Canadian citizens. First the Government put us in debt, then prints money, then the BOC stomps on us with high interest. Fun Times.

Goose

The irony is that Toronto, Montreal, and Vancouver elected these geniuses, and they get hammered the worst by these interest rate hikes on their mortgages.

Mars Hill

I'm sure the morons behind this enjoy the emotion, psychological, financial stress they are creating in average folks.

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