Group that advises the Bank of Canada on debt markets is livid over Freeland's decision to scrap inflation-adjusted bonds

“For retail and institutional investors, the cancellation removes a risk-free security that helps them manage short and longer-term inflation risks,” the minutes said. “Several members noted that demand for RRBs has increased across the curve in the current higher inflationary environment and is expected to increase further with the aging of the Canadian population. They also point to the fact that Canada is now the only G7 country not issuing new sovereign inflation index-linked bonds.

“The government has decided to cease issuance of real return bonds effective immediately,” the Finance Department said in an update to its. “This decision reflects low demand for this product and will allow the government to promote liquidity by consolidating funding within our core funding sectors.”

Surprise! A woman who is only interested in her status at WEF forums is happy to fuck over Canadians. Colour me surprised.

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