Quote:
Originally Posted by blankall
These are the exact same people who, a year ago, were telling Canadians to get massive mortgages as interest rates would stay very low for a long time.
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But that isn't quite a fair statement to make. When BoC said interest rates would be low, it was prior to the war in Ukraine. The war threw a mess of spanners into the works. Literally no one could've predicted it.