Bank of Canada | Household debt a big risk for Canada’s financial system

Bank of Canada Governor Tiff Macklem gave an update on the financial stability in Canada and warned about the level of household debt.

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17 comments

  1. One more thing, where is our Finance Minister, dont the BOC and the Finanace minster have meetings…why are we watching these clowns ???

  2. Ah yes thank you O’ glorious leader Trudeau and deputy Freeland for spending 1 trillion CAD 🫡🫡🫡🫡🫡

  3. How you making out keeping inflation below 2%? See the result of printing billions of dollars now?

    1. Not very well, but he doesn’t set fiscal policy, he sets monetary policy. It’s not his job to spend money, it’s his job to run around cleaning up the messes this government makes.

      Don’t get me wrong, I’d like free banking even more, but…

  4. You don’t instill confidence whatsoever, is there an experienced banker in the house? A principal that knows how to make not lose.

  5. I say Macklem – how about commenting on the Feds reckless and continuing fiscal excesses?

  6. And how about federal government spending? Why isn’t that the Bank’s number one concern? It’s that rampant spending which has caused inflation to soar.

  7. So what does Trudeau do? He triples the carbon tax. Thank you to everyone who made a drama teacher the Prime Minister.

  8. One thing that is clear. You cannot spend your way out of this… Stop the handouts! Seems like we have lots of money for everyone but Canadians.

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