For starters an interest rate of 5% is not whopping. Try look at them in a span of a hundred years and you'll see that we just come from an unnaturally long period of extremely low interest rates. The lack of investment really does mare the Canadian economy, but as always in an economy the actual problem is productivity (which takes investments to be raised,) but weirdly you left out the productivity part to jump right to the Conservatory talking point of saying inflation is merely a matter of their political program, instead of a nuanced and comprehensive analysis. Both things are very odd if you wish to present yourself as a reliable economist. If you wish to sully Trudeau, then criticise him for his actual policies, instead of this lazy just making yourself the mouthpiece of one of Trudeau's political rivals
The absurdly fast rise in housing prices (25 to 50 percent per year) was the main reason I left Canada. That was 1987. I never regretted my decision.
Perhaps try putting up a map of Canada and not the US, if you want viewers to take you seriously. Thumbs down.
For starters an interest rate of 5% is not whopping. Try look at them in a span of a hundred years and you'll see that we just come from an unnaturally long period of extremely low interest rates.
The lack of investment really does mare the Canadian economy, but as always in an economy the actual problem is productivity (which takes investments to be raised,) but weirdly you left out the productivity part to jump right to the Conservatory talking point of saying inflation is merely a matter of their political program, instead of a nuanced and comprehensive analysis.
Both things are very odd if you wish to present yourself as a reliable economist. If you wish to sully Trudeau, then criticise him for his actual policies, instead of this lazy just making yourself the mouthpiece of one of Trudeau's political rivals