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  • Writer's picturePopCan

Poilievre’s critique of central bank will stick if inflation lingers

Globe & Mail: "This disconnect between Main Street and Bay Street has left the Bank of Canada with some explaining to do, as it fends off criticism that the extraordinary monetary stimulus it has unleased in the past 18 months has served mainly to line the pockets of already rich bankers and investors, while igniting inflationary pressures that disproportionally hurt working-class Canadians and the poor.

"The central bank’s embrace of quantitative easing, or QE, buying up hundreds of billions of dollars’ worth of government of Canada bonds on the secondary market, has sparked Tory accusations that it is printing money to bankroll Liberal deficits."

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