Former top banker says premiers are ’grandstanding’ on interest rate hikes - News Summed Up

Former top banker says premiers are ’grandstanding’ on interest rate hikes


On Tuesday, Newfoundland and Labrador Premier Andrew Furey became the latest provincial leader to join the growing political chorus against another interest rate hike. Premier David Eby sent a letter to the governor urging a halt to rate hikes in the name of affordability. But it's not hurting anyone for them to write a letter that says, 'Here's what's going on and here are the negative effects of of continued interest rate hikes.' WATCH | Three premiers urge Bank of Canada to halt interest rate hikesDébut du widget Widget. Fin du widget Widget.


Source: CBC News September 06, 2023 19:49 UTC



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