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Pierre Poilievre promises to quash Bank of Canada’s foray into digital currency

Conservative leadership contender Pierre Poilievre promised Thursday he’d spike the Bank of Canada’s proposal to offer a digital currency, saying this sort of financial instrument should be left to the private sector.

Poilievre has emerged as a fierce critic of Canada’s central bank. He’s tried to link decades-high inflation to its COVID-era policy of quantitative easing and recently slammed the institution as “financially illiterate.”

Poilievre said that a government led by him would extend the auditor general’s authority to include the Bank of Canada and push for a review of its pandemic policies.

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