The Bank of Canada’s hefty rate hikes are finally bearing fruit, as higher borrowing costs have caused a pullback in business investment and consumer spending, making way for lower inflation in 2024.

  • tarsn@lemmy.ca
    link
    fedilink
    arrow-up
    8
    arrow-down
    2
    ·
    11 months ago

    Austerity is still coming when the Cons get in next election cycle

    • GrindingGears@lemmy.ca
      link
      fedilink
      arrow-up
      6
      ·
      10 months ago

      No that’s not austerity, that’s spending slashed because they need to do wholesale money transfers from public coffers to private hands. CONServative.