this post was submitted on 17 Jan 2025
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Canada
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Carney only connects with millionaires. He has never been concerned about paying bills. If you think the cost of food and rent is too high, Carney can't understand you or relate to you. He wants to raises all taxes for living in Canada. Similiar to how Trudeau has never paid a bill in his entire life.
Got proof?
'Cause when Carney was in charge of the BoC during the 2008-09 meltdown Canada didn't do so bad. Zero banks went under and hundreds of thousands of people didn't lose their homes.
That was due to legislation that was already in affect, such as the banks are required by law to have a higher amount of cash on hand than American banks. The Bank of Canada can't make legislation or pass regulations, so Carney had zero to do with banks not going under.
Quick search says this is likely true. I can't see him having worked at the OSFI. He has worked for the two finance ministers in the years prior to the 2008 meltdown. The OSFI reports to those ministers, but I don't know if Carney would have had anything to do with regulation OSFI sets on the banks.