Politicians should let the Bank of Canada do its job

The general consensus among economists is that central bank independence is necessary for good inflation control.

Conservative Leader Pierre Poilievre's criticisms of the Bank of Canada are reckless, even more so for being ill-informed, writes Stephen Williamson.The Hill Times photograph by Andrew Meade

Opinion

BY STEPHEN WILLIAMSON

May 1, 2024

The Bank of Canada's aggressive interest rate hikes, intended to bring inflation down from the high rates of the COVID-19 era, have produced a perhaps unsurprising negative response from elected officials at both the provincial and federal levels. Is this political criticism...

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