Young Canadians Who Can Barely Pay Their Rent Report Being Blissfully Unaware Of Intrest Rate Hike

Ottawa - The Bank of Canada is expected to raise interest rates as much as 75 basis points next week, and for many young Canadians that means absolutely nothing.

“I literally don’t know what that means,” 28 year old Brian West tells us, “That’s like a house thing right? Is that going to mean I owe more CERB back?”

Many other millennials across the country report feeling similar to Brian about the news, responding with things like “Do you know anyone who’s hiring right now?”

“I already have so many other stresses so it’s a big relief that I won’t have to add increased mortgage payment to that list,” says 31 year old Sara Tam, “Imagine if I had to worry about interest rates AND the city of Toronto allowing my landlord to increase my rent by 2.5% next year? Thank God I just have one of those problems.”

Although morale is at an all-time low across the country, the news of interest rates has luckily kept things at the exact same level.