The Bank of Canada Shocks The Bond Market With Guest Robert Asselin – The Loonie Hour Episode 87

The Bank of Canada Shocks The Bond Market With Guest Robert Asselin – The Loonie Hour Episode 87

We are joined by Robert Asselin, former advisor to Justin Trudeau, and budget director to Bill Morneau to discuss ballooning deficits and inflation. The Bank of Canada starts hiking rates again. Bond yields surge, building permits plummet. Universal basic income gets a test run.

Link to Robert Asselin paper: https://thebusinesscouncil.ca/report/assessing-the-potential-risks-to-the-sustainability-of-the-government-of-canadas-current-fiscal-plan/

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