May 12, 2022 01:48 GMT
Main Candidate For Opposition Leader Vows To Fire BoC Governor If Elected PM
CANADA
Political RiskPolitical Risk BulletBulletMarketsFixed IncomeForeign ExchangeCanada Bank of Canada Market News
Leading candidate to take the helm of Canada's main opposition Conservative Party Pierre Poilievre pledged to fire Bank of Canada Governor Tiff Macklem if he was elected Prime Minister.
- Poilievre speaks in the first official debate of Conservative leadership candidates, as the party prepares for a September leadership poll.
- Over the past two years, the Ottawa MP has been accusing Macklem of being an "ATM" for the Trudeau government and fuelling inflation.
- "I would replace him with a new governor who would reinstate our low-inflation mandate, protect the purchasing power of our dollar, and honour the working people who earned those dollars."
99 words