Justin Trudeau’s Liberals blamed spiking inflation on global factors, Here’s what’s actually going on
OTTAWA. When inflation was spiking and straining budgets after the worst months of the COVID-19 pandemic, the Liberal government was eager to blame the pain on factors outside its control.
“I am impressed to see the high esteem in which the member for Carleton seems to hold me, that I was able to create a global inflation crisis,” said Prime Minister Justin Trudeau during a typical exchange with Conservative Leader Pierre Poilievre in the House of Commons on Nov. 24, 2021.
Economists who spoke to the Star generally agreed that global factors were primarily responsible for a spike in inflation, and that global factors are the main reasons it has slowed in recent months.
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