Conservative Leader Pierre Poilievre gestures at a grocery store in Vancouver on July 14, 2023. Darryl Dyck/The Canadian Press.

Rate hikes see NDP and Liberals join attacks on Bank of Canada

The Bank of Canada was subjected to a round of cross-party criticism last week after it raised the benchmark interest rate to five percent, the highest since 2001, in an attempt to combat inflation. The Bank is used to taking flak these days, but perhaps not to the current bipartisan consensus.