Either too many people pulled out money and so they raised rates to entice more people to make deposits OR people simply trust the banks less and therefore people are demanding higher rates for more risks. Either way Trudeau fucked up here, destroyed credibility in his government and trust in Canadian banks and now the bankers will have to pay the cost in higher interest rates for deposits. Trudeaus' time is now running out - you don't mess with Jews bankers money. It's over for Trudeau ( they make give him a few weeks/months so he can save face )
Canadian Banks Triple Interest Rates On Bank Deposits
Gabriel Bailey
Dylan Nguyen
I withdraw 50K in cash since November
Carson Rivera
It is more profitable to report people to the RCMP for liking a comedian's tweet from ten years ago.
Christian Cook
going to close my bank account next week. fuck these kikes i don’t need them
Lucas Adams
Based.
I have an appt later today to withdraw my cash.
Cameron Martinez
Why doesn't Trudeau just remove the reserve requirements and print trillions of dollars like Trump did.
Owen Martinez
>still 10 points below inflation
no i would still like to close my account
Luis Harris
holy fuck! please think about this user, the banking system will surely collapse without your $436
Zachary Watson
Nah it’s because the banks know that the government is going to raise the interbank rank to fight off inflation. House owners will lose their property gains.
Julian Taylor
did anybody's bank actually get frozen from this? or was it empty threats
Hudson Young
I’m going to deposit my cash so I can put i can gamble in stocks but not with my bank.
Justin Nguyen
i emailed my rep and asked for, in writing, confirmation that they will never inhibit my access to my funds at the behest of the government.
they have until wednesday, if i don't get what i want i'm moving to a credit union
Aaron Ross
they froze ~200 accounts with around 8-9million worth, and have since reversed this
that said, there are too many old boomer retards that keep all their cash in the bank, nothing will happen - i know my grandma alone has 2million just sitting in accounts, my boomer parents the same, they are too retarded and trusting to move anything, and thats 90% of the nigger cattle masses think like this, if they even have any spare money
Caleb Stewart
John Sullivan
if inflation is higher than your deposit rate, youre giving the bank a loan. spend money dyring high inflation. it wont spend well later. even better, charge up your credit cards and default. your repayment loan will be paid in inflated away dollars also.
Michael Collins
thinking of doing this, but I have no idea where I'm going to keep the money.
Ayden Watson
all that hooha for less than 10mil, sounds like the british way
Isaiah Jenkins
>Interest rate is 0.66%
Haha no thanks
>Interest rate rises to 0.67%
Woah take my money!
Jason Moore
Luke Reed
Jeremiah Gomez
Elijah Garcia