Comment on the influence of Stephen Poloz over 10-year GoC yields and discuss the need for budget discipline.
Poloz has no control whatsoever  over 10 year GoC yields...believe me...
The overnite rate and the Loonie (to a degree)
Meanwhile,regarding higher rates... a little belt tightening has to happen sooner or later.
Hopefully starting with Federal,Provincial and Municipal governments.
Cheap money has turned more than just many Canadian businesses into complete idiots....