Bank of Canada Held Rates: So Why Are Canadians Worse Off?

Описание: Summary
In this episode, the hosts discuss the impact of the Bank of Canada rate hold on Canadians, highlighting the disconnect between interest rates and real-life impact. They explore the system-level impact, root causes, and long-term consequences of interest rates, as well as hypothetical scenarios and constructive action steps for the future.

Takeaways
Bank of Canada rate hold is not a relief, it's passing the pain and not an end to it.
Interest rates are not a solution, they are just a tool. Real economic change comes from policy, productivity, and leadership.


Chapters
00:00 The Disconnect Between Interest Rates and Real Life Impact
13:25 The System-Level Impact of Bank of Canada's Decision
29:13 Root Causes and Long-Term Impact of Interest Rates
36:06 Hypothetical Scenarios and Consequences of Rate Stability
46:47 Data Analysis and Constructive Action Steps

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