OTTAWA — OTTAWA - The Bank of Canada raised its policy interest rate by 25 basis points to 2.5 per cent. It’s the first hike since July 2023. The central bank wants to control inflation by reducing the risk that high fuel prices could spill over and seep into the overall economy.
Of course, right as I’m shopping for a mortgage.
Just bought a place on variable two months ago. Off to a good start!
Better you than me. I’m busy trying to afford rent.
Higher rates make layoffs more likely which hits them, you and me. Assuming you both work for an employer. :D
Between interest rates, the US, and everyone in a panic about AI, I just assume my job’s a goner. And if it’s gonna be a goner anyway, crank 'em.
Our working class making sacrifices will help our oligarchs retain their “sovereign” borders and stolen-land claims against USian land thieves.
You and I don’t need a secure, decent job or freedom in their upcoming public deceleration. As if we need a benevolent oligarch who’ll tell us how to act, feel and behave to the pleasures of our “owners”.
USian oligarchs are bad. Canuck oligarchs, homegrown land thieves and overlords are ‘good’. Carney doesn’t hate lgbt+ Canadians because his own child has a thousand genders… that’s literally the only only difference and only reason he’s not mainstream CPC anymore. Cuz of his child’s fkbuddy and their preferred genitalia.
…personally, I’d rather have Sharia that’ll bring elitist gender-confused children of oligarchs, such as Carney and Trudeau children, to the same level as my pleb peasant family. Monotheistic god is far better than genderbendind leftist white supremacist unlimited genders possessing pagan god who died on a plus sign ✝️
Thus is Literally a fantasy of white Tumblr rejects inventing stupid genderims that’s supposed to be the new norm now. Lol fk that and their worldview. Canadians are now expected to accept this leftist nonsense as “real life”.
I’m 2 months til renewal 💀💀💀
Should’ve gone the Pleb route like half the population.
Mortgage rates don’t affect you if you can’t even afford to become a part of “homeowner” class.
We’ll own nothing and serve the oligarchs that own and control Canada:)
did you lock in a rate yet?
I’m renewing in six months and I’m getting fixed for 3 years.
Hopefully the principle should go down a bit, but it’ll be negligible as people only go by the monthly payment
Fuck you, Most Feminist Prime Minister™ in Canadian history.
Fuck your Katy Perry and biological children with a diseased flange from a septic tank.
