[Fuzz]

During a news conference on Wednesday, Macklem said the Bank of Canada is facing tough decisions, and when decisions are difficult, the central bank's independence becomes more important.

He later echoed that message in his interview with The Canadian Press.

"Lots of people are giving us advice on what we should do," Macklem said.

However, there's a reason why central banks are independent institutions, he added.

"The reason is that there are tough decisions to take, and you do have to look longer term. And it's at times like this, that when it's difficult, that you see the value of the independence of central banks."

Criticism of the Bank of Canada in Ottawa most notably began with official Opposition Leader Pierre Poilievre, who has heavily criticized the central bank's government bond purchase program at the start of the pandemic.

He's claimed the bank printed money to enable federal spending, thereby fuelling inflation. While running to be leader of the Conservative Party of Canada, Poilievre vowed to fire Macklem if he became prime minister, though he has not explained how he plans to get rid of the governor given the Bank of Canada Act would not give him that power.

https://www.cbc.ca/news/politics/mac...634714?cmp=rss

Poilievre and Smith, both saying they'll do things they do not understand with powers they do not have. Kinda like the Freedom Convoy. The wacky far right, folks. Not fit to govern.