ShockTroopCAN
3K posts







BoC holds benchmark rate at 2.25% amid oil price shock theglobeandmail.com/business/econo…


For the record. A Master Class in Incompetence: the Bank of Canada. High energy prices are deflationary: they squeeze real incomes, crush discretionary spending, and deter investment, so the ultimate macro effect is weaker growth and downward pressure on underlying inflation, not a permanent inflation spiral. Yet you should fully expect central bankers to ignore basic economic theory and, as they did with wages and tariffs, misread a negative supply shock in oil as the start of a permanent inflation regime rather than a growth shock with only temporary price effects. It is hard to describe that repeated error—treating every cost shock as a 1970s rerun, as anything other than total incompetence. The Bank of Canada just delivered a masterclass in that incompetence: leaving rates unchanged as Canada heads for a hard landing is not caution, it is negligence—tight policy into a weakening, energy‑squeezed economy is how you turn a slowdown into a policy‑induced recession, then blame “inflation expectations” after the fact.






House Sigma sold data is back and GTA sales look like a trainwreck. 2260 so far March typically sees 9000 sales! spring market DED 💀💀💀










Spring break departures to America from Vancouver

















