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Half of Canadians Lack Confidence In BOC Inflation Fight

BOC
  • Angus Reid poll Thursday: "More than half (53%) of Canadians say they don’t have confidence the Bank is making the right decisions in its fight against inflation. One-third (33%) have more faith."
  • "Fully three-quarters of Canadians say it’s a bad time to make a major purchase such as a home, car, renovation, or big vacation. This represents a significant increase from two years ago, when 56 percent said the same."
  • https://angusreid.org/canada-inflation-rate-bank-o...
  • The poll was taken July 18-20, following the BOC's 100bp rate increase on July 13
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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