Meghan, you are quite right. Carney was appointed special advisor to the Prime Minister on the economic recovery in early August 2010, and must bear a considerable share of the responsibility for the current affordability problems that Canadians face. Oddly enough, among Conservative politicians and the alternative media that leans towards the Conservatives, only Pierre Poilievre seems to be pointing this out on a regular basis and he can’t do everything himself.
Unfortunately, Pierre hasn’t ever pledged to reduce the target rate of inflation of the Bank of Canada, as Maxime Bernier, the PPC leader, has. Here is a link to a speech Maxime made in August 2021 and note that, like Pierre, he draws a clear connection between the high inflation rate and the runaway increase in the money supply:
When Maxime calls for a zero percent inflation rate, I assume he means a zero percent “true” inflation rate, which would actually mean a reduction in the target rate of inflation to something like 0.5%. In any case, it doesn’t matter so much, since the PPC won’t be the next government, and the best you could do as PPC member for Vancouver East, Meghan, is maybe talk the Conservative Finance Minister down to a 1.5% target rate instead of the current 2.0% rate. It was the PPC’s commitment to price stability that made me switch to them from the Conservatives in the first place.
Just because it can happen, doesn't mean it should happen. You're right, he isn't elected and will need to call an election soon (yesterday would have been great). I think people just don't seem to get how this is not what we asked for. We didn't vote for Carney, the party did - all well and good but we need him to now call an election. Also, the use of the prorogue (sp?) is so annoying. I hated it when Harper did it and I certainly don't like it now.
Meghan, you are quite right. Carney was appointed special advisor to the Prime Minister on the economic recovery in early August 2010, and must bear a considerable share of the responsibility for the current affordability problems that Canadians face. Oddly enough, among Conservative politicians and the alternative media that leans towards the Conservatives, only Pierre Poilievre seems to be pointing this out on a regular basis and he can’t do everything himself.
Unfortunately, Pierre hasn’t ever pledged to reduce the target rate of inflation of the Bank of Canada, as Maxime Bernier, the PPC leader, has. Here is a link to a speech Maxime made in August 2021 and note that, like Pierre, he draws a clear connection between the high inflation rate and the runaway increase in the money supply:
https://www.peoplespartyofcanada.ca/news/press-release-maxime-bernier-proposes-to-protect-canadians-standard-of-living-with-0-inflation-target
When Maxime calls for a zero percent inflation rate, I assume he means a zero percent “true” inflation rate, which would actually mean a reduction in the target rate of inflation to something like 0.5%. In any case, it doesn’t matter so much, since the PPC won’t be the next government, and the best you could do as PPC member for Vancouver East, Meghan, is maybe talk the Conservative Finance Minister down to a 1.5% target rate instead of the current 2.0% rate. It was the PPC’s commitment to price stability that made me switch to them from the Conservatives in the first place.
Just because it can happen, doesn't mean it should happen. You're right, he isn't elected and will need to call an election soon (yesterday would have been great). I think people just don't seem to get how this is not what we asked for. We didn't vote for Carney, the party did - all well and good but we need him to now call an election. Also, the use of the prorogue (sp?) is so annoying. I hated it when Harper did it and I certainly don't like it now.
Seriously.