cross-posted from: https://lemmy.ca/post/73057753
The Bank of Canada raised its key interest rate for the first time since July 2023 Wednesday to tamp down inflation, a hike Ontario Premier Doug Ford panned as “a massive mistake.”
“Higher rates won’t get oil moving through the Strait of Hormuz or lower tariffs on Canadian businesses. They will only make life more expensive for Canadian families and workers, punishing them for something they can’t control,” Ford wrote in a tweet before the announcement was made this morning.
He’s doing a Trump. Trump threatened the federal reserve to lower their interest rates so he won’t look bad.
If dofo actually cared, there are plenty of things he could’ve done provincially.
You’re not one of those people who expects to get health care from your government, are you? /s