President @CanadianLabour. Advocating for workers across 🇨🇦. Mom, dog-lover, proud former grocery clerk, fighting for an inclusive economy. #canlab #cdnpoli
Jun 8, 2023 • 8 tweets • 3 min read
Yesterday, the @bankofcanada & its governor Tiff Macklem slammed Canadians with the 9th interest rate hike since January 2022. These rate hikes are an attack on working people.
We will fight back. 🧵 1/
Despite what Mr. Macklem says, this hike wasn’t inevitable. After hitting 8% last year, inflation had dropped to 4.4% by April. Canada is faring much better on inflation than many of our global counterparts & it’s not because the #BoC keeps raising the interest rate. 2/