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Frozen in Fear: How the Bank of Canada’s Wait and See’ Is Pushing Us Over the Edge


Frozen in Fear: How the Bank of Canada’s Wait and See’ Is Pushing Us Over the Edge: The Bank of Canada is gripping interest rates like a vice, refusing to let go, convinced that sitting tight will somehow steer us through this storm. But the signs? They’re screaming at us. Mortgage defaults are hitting record highs, and families are being crushed under payments they can’t meet. Unemployment is climbing like a dark shadow creeping over our neighborhoods. Food banks—our last line of defense—are busier than ever, a brutal reminder that survival is slipping through more fingers every day.

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