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.

  • potatomuncher@lemmy.ca
    link
    fedilink
    arrow-up
    2
    arrow-down
    20
    ·
    4 days ago

    Fuck you, Most Feminist Prime Minister™ in Canadian history.

    Fuck your Katy Perry and biological children with a diseased flange from a septic tank.

    • Lulzagna@lemmy.world
      link
      fedilink
      arrow-up
      8
      ·
      4 days ago

      What does the PM and former PM (and his gf and kids) have anything to do with the independent Bank of Canada?

      • Jason2357@lemmy.ca
        link
        fedilink
        arrow-up
        1
        ·
        2 days ago

        They do have levers. Several in fact, while the BOC simply monitors one number and responds with the other.

        For just one option, the largest effect on monetary supply is taxes, not interest rates.

      • GreyEyedGhost@piefed.ca
        link
        fedilink
        English
        arrow-up
        3
        ·
        3 days ago

        It’s easier to blame someone in power who you don’t agree with for everything than it is to have a more nuanced view and recognize that complicated issues never have simple solutions. This isnt to say that some of those problems don’t land at Carney’s, or previously Trudeau’s, feet, but not so much this one. And the solution isn’t so simple as to be encapsulated by a catch phrase like “Axe the Tax”.

        • potatomuncher@lemmy.ca
          link
          fedilink
          arrow-up
          1
          arrow-down
          1
          ·
          3 days ago

          My PM’s solution is to hand over more assets and control over the the billionaire Epstein class.

          Fk Pierre. I’m happy he’s not in power.

          The ones in power aren’t looking any better either.

          • GreyEyedGhost@piefed.ca
            link
            fedilink
            English
            arrow-up
            2
            ·
            3 days ago

            That has been a pretty common trend for both the conservatives, regardless of the party name, and the Liberals for the last 30 or 40 years, if not longer. I can’t recall if Mulroney did or not, but I would be unsurprised. But I slexpect the gender or preference of partner in Carney’s kid doesn’t have any bearing on that situation.

            • potatomuncher@lemmy.ca
              link
              fedilink
              arrow-up
              1
              arrow-down
              2
              ·
              3 days ago

              I’m not going to shill for his kids or be their vanguard.

              They shove my loved ones and I into the grinder without a thought. Therefore, I start wishing and hoping the worst for their’s.

              I don’t worship a plus sign. I’m never “turning the other cheek”.

              Do I want christian nationalism or sharia? No, of course not. Will I gladly pick it as a last resort to destroy the peace for the oligarchs in my country? 💯 yes.

                • potatomuncher@lemmy.ca
                  link
                  fedilink
                  arrow-up
                  1
                  ·
                  3 days ago

                  I never claimed to play by their rules.

                  They destroy mine. I return the favour every which way possible.

                  • GreyEyedGhost@piefed.ca
                    link
                    fedilink
                    English
                    arrow-up
                    2
                    ·
                    3 days ago

                    Cool, attack them for their class, and what they and theirs do to others. But this is about as dumb as attacking black people in Canada because Obama was president of the US.

    • blartcap_@lemmy.dbzer0.com
      link
      fedilink
      arrow-up
      3
      arrow-down
      1
      ·
      3 days ago

      Trudeau kept the inflation under control very well compared to what almost every other country saw in the same time period.

    • SaveTheTuaHawk@lemmy.ca
      link
      fedilink
      English
      arrow-up
      3
      ·
      3 days ago

      uh…The Bank of Canada sets interest rates, not the PM.

      The Prime Minster of Canada is Mark Carney, since 2025. Update your flags.