It’s not that the Liberals’ record-high immigration is causing inflation, housing unaffordability and unemployment all by itself. Nor are the federal government’s two carbon taxes solely responsible for the rising cost of living. The Bank of Canada’s willingness to print money for the Trudeau government to spend and the bank’s string of interest rate hikes aren’t the only causes, either.
But you roll all of those together and you end up with an economic crisis the likes of which Canada has not seen since the early 1990s.
