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Bank of Canada’s governor to defend its credibility in Parliament
Macklem previously testified at the Senate national finance committee on February 2nd, but he declined to comment on if a “credibility gap” exists with the Bank of Canada.
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Soros, Clinton, Obama staffers campaigning to bring down Musk and boycott Twitter
Twenty-six NGOs and advocacy groups have penned a letter telling of their frustrations about Musk’s plan to allow freedom of expression on his social media platform.
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MPs call for controls over telecoms’ data collection abilities
Telecom executives testifying at committee hearings acknowledged customers would not know all commercial uses made of their aggregated data.
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Guilbeault says pandemic lead to emissions reductions
“We know 2020 because of the pandemic is an anomaly,” Guilbeault testified at the Commons environment committee on Tuesday.
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Seddon
April 24, 2022 at 10:18 am
Modern monetary theory. Or…Justinflation. too much printed dollars.
berta baby
April 24, 2022 at 10:23 am
The only thing that’s down year over year is my desire to give a shit.
The people asked for it , now bend over and receive your reward.
Personally I don’t feel anything yet , I see the prices rise and the rates increase and think how do common folks do it?
The answer…. Only fans
Leslie Solar
April 24, 2022 at 12:04 pm
the danger here is that it becomes psychological. In other words, if my input costs go up by, lets say, 3%, and my other costs stay the same, provided I have confidence that my other costs will, indeed, stay the same for the next year, I can make do with an increase of 3% (or 3.5%) to keep my margins the same. However, if I think that the 3% will end up being 5% a year from now, I start to price that in. If that cycle gets going there are real problems.
Leslie Solar
April 24, 2022 at 12:15 pm
On another note: The globalist end game appears to be a “financial reset” where you have no choice of banks or financial institutions–its all done by the Central Bank, by government law and regulations.
1. recall that Mark Carney was out Bank of Canada governor for awhile. Then he became the first non-British head of the Bank of England. Now he has returned to Canada, ready to run for a seat in our Parliament.
2. London, England is, and has been for decades (if not centuries) the Banking centre of the world. (you can start with some of the material on Matthew Ehret’s site)
3. The Globalists, for some time now, have been talking rather opaquely, about a Financial Reset, as part of the “New World Order”.
4. We got a preview of what can happen when Globalist Acolytes Trudeau and Freeland very casually started to “freeze” bank accounts in existing banks, for alleged crimes that werent crimes at all. And with no due process–“innocent until proven guilty” was a silly disposable rule. Akin to Hitler talking of treaties as “a scrap of paper”.
Just what we need–Mark Carney as Federal Ministry of Banking (or some such). is the picture starting to come into focus???
Vets4AFreeWest
April 25, 2022 at 8:36 am
If we treated this ‘Expert’ like a Professional Sports Coach, he would be fired already.
Private Property is great
April 25, 2022 at 8:48 am
Trudeau and most premiers have created the inflation with their policies. It would be so simple to get rid of it- listen to what Pierre P. is saying, it would work.
The Bank of Canada leader is appointed by the PM- a tremendous conflict of interest when you have a unethical leader like Trudeau.
Jack Masterman
April 25, 2022 at 10:03 am
Should Tiff Macklim be fired? He has continually been wrong about inflation. Poilievre had been warning Canadians about inflation long before Macklim was saying inflation was “transitory”.
Should the governor of the Bank of Canada not have been as astute as Poilievre? Taxpayers are paying him a huge salary to protect us from inflation.
In my opinion, Macklim is just another Trudeau pawn that agreed to printing billions of dollars with nothing backing the money which has created a huge jump in inflation.