We are "safe".
Yeah for us.
The Bank of Canada lowered the borrowing rate by .5%, and the banks in their wisdom thought it in our best interest to not offer this to us.
We were offered half .25%.
Yesterday, our government gave the banks $25 billion.
Harper is quoted as saying
This is not a bailout of banks; this is a market transition that will cost the government nothing.
I am not sure how the government can give away $25 billion taxpayer dollars and then have us believe it will cost nothing.
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