Anthony Furey: The Affordability Crisis in Canada May Only Be Getting Worse

Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers hold a press conference at the Bank of Canada in Ottawa on July 12, 2023. The Canadian Press/Sean Kilpatrick

Commentary

Over the weekend, Ontario Premier Doug Ford issued a letter calling on the Bank of Canada and Prime Minister Justin Trudeau to halt any upcoming interest rate hikes.