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What Does the Latest Interest Rate Hike Mean for Your Wallet?

The Bank of Canada has once again increased its benchmark interest rate, this time by .25 basis points to five percent, amid growing apprehension from a number of financial experts regarding its potential impact on consumers. And their concerns are not unfounded.

Let us examine the evidence.

It means the poor will suffer and adding insult to injury Trudeau will let them know that he feels their pain.

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