Mark Carney won the election by plagiarizing Pierre Poilievre's policies and comparing Conservatives to President Trump.
Now, 3 months into his term, no trade deal has been secured, investment is fleeing Canada, and crime is spiralling out of control on our streets.
Elbows Up?
What did Carney actually do? He rapidly lowered the interest rate starting in late 2008. This led to increased borrowing due to attractive low monthly repayment amounts. Low interest rates caused savings to plummet, and Canada seems to have been in a state of dependency on low rates ever since. Low rates encourage borrowing and spending, and Canadians now have the highest household debt to disposable income ratio in the G7. In hindsight, Canadians need strong debates about the wisdom of this move by Carney. https://t.co/OK12opQ9uS #cdnpoli #cdnmedia #cdnpolitics
@ride_love2@richardursomd@kwadwo777 we need more pressure on our govt before this will be forced on our children. Loved your podcast with dr Martha Fulford you guys need to be heard