ECONOMICS: Inflation is in good hands with the Bank of Canada…..don’t kid yourself

The Bank of Canada keeps touting that it is monitoring and managing the Canadian economic situation well. The interest rate was increased to 5% in July with the BC claiming to have the situation well in hand.

Job losses indicate situation not well in hand
Telus laying off 6,000 workers. BCE announced 1,300 job cuts. These are signs “the economic situation is well in hand?”

Just wondering…

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