Re:Bank of Canada raises its interest rate to 5%
by voisin on Wednesday July 12, 2023 @03:15PM
(#36700201)
Is it 1m per year or 1m since COVID began? I dug up stats a few weeks ago and the best I could find was 400k or so in 2022.
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Re:Bank of Canada raises its interest rate to 5%
by rpeden on Wednesday July 12, 2023 @07:07PM
(#36702880)
It's about a million if you include non-permanent residents: https://www150.statcan.gc.ca/n1/daily-quotidien/230322/dq230...
I think it's relevant to include them here because even if they're not staying permanently, they still need places to live.
Re:Bank of Canada raises its interest rate to 5%
by bryanlarsen on Friday July 14, 2023 @12:40PM
(#36726387)
AFAICT, that's double counting. IOW, a significant portion of non-permanent residents eventually become permanent residents, and get counted when they become permanent residents.