
Meanwhile, Canada Sacrifices Housing Bubble To Curb Inflation
The Bank of Canada escalated its battle with inflation Wednesday, raising rates by another 75bps.
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I am not sure if this was finalized- but in some areas, i.e. Vancouver, rules were put in place to significantly limit the ability for foreigners to purchase Canadian real estate.
In addition, the CCP is making it increasingly more difficult for the Chinese to get money out of China.