July 15: Professor Eric Kam. BOC Raises Interest Rate to 5%. Fallout.
The Roy Green Show · Global News / Curiouscast
July 15, 202317m 29sbonus
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Show Notes
Bank of Canada raises interest rate to 5%, highest in 22 years. Impact on Canadians, on Canadian homeowners, on economy, - Office of Superintendant of Financial Institutions considering regulatory changes to help financial institutions under mortgage lending stress. - Let's add increased taxes and inflation to the stress scale, but this time on Canadian families.
Guest: Professor Eric Kam. Macroeconomics. Toronto Metropolitan University.
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