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Conservative Leader Reiterates Macklem Should Be Replaced

BOC
(MNI) OTTAWA
  • “He needs to be replaced with a Governor that will keep inflation at 2% while preserving financial stability,” Pierre Poilievre says at press conference on Friday
  • Governor Macklem failed to meet the Bank's "singular objective" of keeping inflation stable, and "he printed the money" to fund government deficits, Poilievre says
  • Says he wants independent monetary policy, but Macklem's actions amounted to fiscal policy
  • It's the first time Poilievre has so directly repeated this call to replace Macklem since was a leadership contestant (he became leader in September)
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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