Interest rates first set a record low at 0.25% in 2009. That's when we started outpacing the rest of the world.
High money supply via low rates combined with deregulation tend to cause affordability issues and increases in debt.
https://www.theglobeandmail.com/business/article-bank-of-canada-interest-rate-announcement-june/
High money supply via low rates combined with deregulation tend to cause affordability issues and increases in debt.
https://www.theglobeandmail.com/business/article-bank-of-canada-interest-rate-announcement-june/
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