SoVote

Decentralized Democracy

Senate Volume 153, Issue 63

44th Parl. 1st Sess.
September 27, 2022 02:00PM
  • Sep/27/22 2:00:00 p.m.

Hon. Leo Housakos: Honourable senators, my question is for the government leader in the Senate.

Senator Gold, as Canadians are looking at yet another hike in interest rates between now and the end of October, in an attempt to get skyrocketing “JustinFlation” under some sort of control, your government continues to defend the Bank of Canada Governor Tiff Macklem, despite his abysmal performance.

I’m sure you are going to give me the talking points about how we need to respect our institutions and the independence of the Bank of Canada. But considering that we have a Prime Minister who has acknowledged that he doesn’t spend his time thinking about monetary policy, and we have a Minister of Finance who — in this chamber less than a year ago — said, in response to my question, that inflation isn’t a real concern, and considering that the Bank of Canada also recently weighed in on social media in support for the partisan agenda of this current Trudeau government, don’t you think, government leader, that if you don’t fire the Governor of the Bank of Canada, at the bare minimum you should ask for his resignation?

196 words
  • Hear!
  • Rabble!
  • star_border