#106 You Get Inflation, Central Bankers Get Bonuses

Episode 106 August 10, 2022 00:22:34
#106 You Get Inflation, Central Bankers Get Bonuses
Canadian Taxpayers Podcast
#106 You Get Inflation, Central Bankers Get Bonuses

Aug 10 2022 | 00:22:34

/

Show Notes

You get inflation, central bankers get bonuses


The Bank of Canada gave its employees $45 million in bonuses and pay raises in 2020 and 2021 during the pandemic while inflation soared. The Bank of Canada is supposed to keep inflation around two per cent. If you’ve been to the grocery store in the past year you know they failed. So why did they give themselves bonuses?


READ NEWS ARTICLES HERE:

https://torontosun.com/opinion/columnists/terrazzano-bank-of-canada-doesnt-deserve-its-
bonuses-and-pay-raises/wcm/e1e09f1b-4f7d-4ce3-a288-13c9bb0838bb/amp/?fbclid=IwAR0eGUeJhBsJegvgjOX2RiG7a8YC7FHsJt8ZfRv8KpycLJrd5iwRG
MaeC0c


https://financialpost.com/opinion/franco-terrazzano-governments-have-created-the-perfect-inflation-storm


https://torontosun.com/opinion/columnists/terrazzano-deficit-spending-and-inflation-tax-
drive-up-cost-of-living


Nova Scotia’s premier takes a pay cut


Nova Scotia Premier Tim Houston’s salary was cut by $11,246 while MLAs froze their salaries. Members of Parliament in Ottawa need to follow Houston’s lead and stop giving themselves pay raises.


READ OUR REPORT HERE:
https://www.taxpayer.com/newsroom/houston-shows-leadership-by-cutting-his-own-salary

 

Charlottetown council billing taxpayers for boozy dinner


Charlottetown Mayor Philip Brown and fellow councillors expensed $1,800 on a boozy steak
dinner that included four bottles of wine, 11 beers, 20 ounces of liquor and three cocktails. We also caught councillors double dipping on their expenses.


READ OUR REPORT HERE:

https://www.taxpayer.com/newsroom/documents-show-charlottetown-employee’s-high-
spending-on-meals-and-luxury-hotels

 

Other Episodes

Episode 87

July 29, 2021 00:24:11
Episode Cover

#83 Federal Government Won’t Balance Budget Until 2070

The Parliamentary Budget Officer is back with more bad news: The federal government won’t be balancing the budget until 2070. Put plainly, that means...

Listen

Episode 16

July 20, 2020 00:17:23
Episode Cover

#14.2 INTERVIEW Derek Sloan

We Speak to Conservative Party Leadership Candidate Derek Sloan Canadian Taxpayers sat down with Conservative Party of Canada leadership candidate Derek Sloan to talk...

Listen

Episode 105

February 11, 2022 00:31:49
Episode Cover

#101 CTF Gets Vax Tax Axed

Quebec Axes Vax Tax Quebec has backed down from its plan to impose a tax on unvaccinated people after the Canadian Taxpayers Federation and...

Listen