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Show Notes
No one wants to take the blame for Canada's soaring inflation rate. Not the Bank of Canada. And not the government. But the problem was clearly exacerbated by policy-makers in Ottawa who kept pumping gargantuan inflationary stimulus into the economy well after the pandemic recovery had begun, as Ian Lee discusses with Anthony on this week's episode. Canadians will pay a steep price in unintended consequences, says Lee, associate professor at Carleton's Sprott School of Business. Young people especially will have more reasons to feel shafted, he says. And it's all very likely to get worse before it gets better. (Recorded May 12, 2022)
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