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BoC expected to raise rates again this week, vying to quash inflation faster | CTV News
  • Raising rates will lower prices to some extent. So it should help somewhat. The issue is that's it's a very very blunt instrument. It just happens to be one of the only tools the BoC has to use. Ideally the feds would have stepped in at some poi t in the last 15 years to stop this madness...

  • BoC expected to raise rates again this week, vying to quash inflation faster | CTV News
  • I mean yeah. Once other "financial assets" become more attractive (bonds at 5.5%?) maybe less parasitical activity will happen in the housing market. The whole thing started going off the rails when rates dropped to essentially nothing.

    If you think current home owners have it bad, imagine anyone trying to get in the market now. Not only are mortgages 3X the price, but the houses are 2X the price they were before. The entire thing is completely unsustainable, and yet the Feds have done fuck all. Well no, actually they have made it worse every single step of the way (see the first time home buyers savings account for the latest idiotic idea).

  • To solve Dutch housing crisis, proposal aimed to ban the rich from buying some homes. Could it work here?
  • It's at the point where it's clear no single measure will solve this issue. What is absolutely infuriating is that NOTHING is being done. Actually scratch that, they are actively making things worse with crap like the "First Home Savings Account".

  • What real life person had a "redemption arc"?
  • I just want to know what the actual fuck happened to him. I know a lot of people will say he was always a man-child and there's some things to back that up for sure. But I swear COVID does something to some people and they just turned into complete unredeemable asses.

  • Looks like someone dug under the fence by the porta potties to sneak into Escapade
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    Discover the magic of the internet at Imgur, a community powered entertainment destination. Lift your spirits with funny jokes, trending memes, entertaining gifs, inspiring stories, viral videos, and so much more from users.

    Guy deserved to see the show after pulling off the reverse Andy Dufresne IMO.

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    ottawa.place Ottawa Weather Records (@YOW_Weather@ottawa.place)

    Attached: 1 image 10pm today was #Ottawa's 111th smoky hour this year which puts 2023 in 1st place for the most in any year since records began. #OttWeather #YowWx #ONWx #YOW

    Today was #Ottawa's 111th smoky hour this year which puts 2023 in 1st place for the most in any year since records began. #OttWeather #YowWx #ONWx #YOW

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    www.thestar.com CRA asks Shopify to hand over records for more than 120,000 Canadian businesses to check for tax evasion

    Shopify CEO promises to fight the request, calling the action ‘low-key overreach.’ Expert says data includes ‘everything the CRA needs to audit these businesses.’

    CRA asks Shopify to hand over records for more than 120,000 Canadian businesses to check for tax evasion
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    toronto.ctvnews.ca Cursive writing to be reintroduced in Ontario schools this fall

    Cursive is making a comeback. Relegated in 2006 to an optional piece of learning in Ontario elementary schools, cursive writing is set to return as a mandatory part of the curriculum starting in September.

    Cursive writing to be reintroduced in Ontario schools this fall
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    www.space.com The Apollo moon landing was real, but NASA's quarantine procedure was not

    NASA officials overestimated their ability to contain alien microbes after the first moon landing, a new analysis suggests.

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    InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)BE
    BedSharkPal @kbin.social
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