Bring home lower inflation | July 25, 2023
The Bank of Canada announced this morning that they are raising the policy rate by 25 basis points, bringing the overnight rate to 5%, the highest level since March 2001.
The Bank of Canada’s latest interest rate hike, bringing rates to the highest they have been in 22 years, is a direct response to the $60 billion of fuel that the Trudeau government poured on the inflationary fire with their budget this spring.
We will axe the Trudeau/NDP inflationary taxes and bring home lower prices for Canadians.