Bank of Canada raised interest rates a quarter point

Discussion in 'Politics' started by John Kamps, Oct 28, 2026 at 7:32 PM.

  1. John Kamps
    Busy

    John Kamps Well-Known Member

    Reason? Inflation caused by rising energy prices. The Bank of Canada Governor stated, the Iranian blockade of the Strait of Hormuz has led to a decline in tanker traffic, further complicated by the terrorist Houthis attacking Saudi pipelines, tankers in the Red Sea. I think He nailed it, has nothing to do with Russian oil going up in flames. Since their products are taboo (sanctions)
     
  2. Profiler
    Inspired

    Profiler Well-Known Member

    Canada refuses to stop their indirect imports of Russian oil products. The taboo argument is awful leftist sounding….
     
  3. GeneWright

    GeneWright Well-Known Member

    You can tell how far right the conservatives in America have gone off the deep end when they're even accusing @John Kamps of being a leftist...
     

Share This Page