But low interest rates, at least in Canada, have pushed household debt to such vertiginous levels that officials like Carney know they shouldn't be
counting on consumer spending to drive the recovery — ergo, the call for more corporate investment.
If you read their T & C, you will notice that banks will give themselves an «out» by saying that their offers or terms may change at any time, so
consumers will need to keep their eye
on bouncing rates if they happen to live
on the edge and
count those rates when they budget or
spend and incorporate these figures into their accounts.