Slowly and steadily the rates will go up. The BoC realizes they need to move towards normalized rates - even if it higher rates will cause significant pain for consumers and the economy. To delay this is only going to make matters much worse down the road. 

Canadians, especially the younger ones, have to realize that money is not usually virtually free, and they have to closely watch their debt. And yes, savers should get some incentive to save.

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