GUNTER: Trudeau and the Bank of Canada to thank for inflation

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GUNTER: Trudeau and the Bank of Canada to thank for inflation
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Let me say this again: You didn’t cause inflation (or the coming recession caused by the Trudeau government’s inflation\u002Dfighting measures).

If you’re an employee, you’ll pay higher interest on your car and house loans, higher prices for all the goods and services you buy and maybe even face the loss of your job as the economy contracts and people are laid off.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

For the last two months, Bank of Canada Governor Tiff Macklem has been making speeches in which he has been telling business audiences that inflation is a homegrown problem. The causes are not international.Article content Besides, at least two-thirds of our current inflation of nearly 7% gets back to the Trudeau government’s spending and the Bank of Canada’s mismanagement of the money supply.

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