Anybody else up for renewal this spring POed about the finance minister personally phoning the banks and telling them not to lower rates? Stay the eff out of it.
The National Post in particular is all over him today... while I respect the concern for Canadian debt load I think it's not his role to be directly trying to influence market prices, and even if he did want to influence it, calling them personally on an ad hoc basis is bush.
It will probably only be a few extra bucks out of my pocket, but still I'd like to see him keep his big trapper shut on the issue. Probably lots of guys who have small or no mortgages don't have the same perspective.
NP comments :
http://fullcomment.nationalpost.com/...too-much-debt/
http://fullcomment.nationalpost.com/...ance-minister/