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