You hit the nail here!
BOC is screwing the citizens of this country. Keep an eye out on the suicide rate.
The rich will remain rich but every dog has its day.

A very accurate statement. Unfortunately BOC has shunned any evaluation of its actions and irresponsibly continued raising rates with blind abandon. BOC has already caused that very harmful, yet avoidable, economic contraction.

BOC will be slashing rates late spring early summer. When the majority of the ill conceived interest rate hikes filter through the economy BOC will realize the damage inflicted on Canadians.
BOC was busy with the dog trying to make puppies when they should have being taking steps to address inflation in 2021. That is when strategic we’ll thought out actions may have slowed and minimized the problems we have now 2 years later.
Once realizing( too late ) the screw up and mistakes, the BOC in typical knee jerk reaction, overcompensated and raced to raise rates faster then any other time in history.
I still don’t think BOC has given any thought to evaluate the effects of these desperate rate hikes. By the time they do, they will have led Canada into recession needlessly.
BOC admitted no mistake when it failed Canadians and took no action.
BOC made even bigger mistakes when it finally did start doing its job. Raising prices on consumers to address inflation which is NOT consumer driven, as in the past, is short sighted and will do more harm then good.
The BOC will declare “victory” over inflation as they start to slash rates, again never admitting they have done nothing but react and overcompensate while inflicting irresponsible damage to Canadians financial situation.
BOC is using a 40 year old strategy to fight an inflation war that has very little in common with the inflation of the 1970’s/80’s.

As I have stated before, I would rather depend on a blind fireman to rescue me from a house fire then on the BOC “leadership”. At least their other senses will be functioning… including “Common”.