Last week, Finance Minister Chrystia Freeland unveiled a five-point affordability plan to help Canadians deal with inflation. Much of the announcement involved programs already in place, so ‘The West Block’ host Mercedes Stephenson speaks with economist Don Drummond to get his view on whether these programs will help and what role the Bank of Canada should be taking.
- Canada’s banking regulator tightening some real estate loan rules amid rising rates
- Canadian banks facing scrutiny from regulators as they look to expand to U.S.
- Rampant inflation means Bank of Canada must raise rates above 3%: economist