In person, federal Conservative leader Pierre Poilievre is relaxed and even cheery. But get him talking about the Bank of Canada (BoC), and he suddenly seems to vibrate on a higher intensity level.
“When I’m prime minister, we’ll have sound money. The Bank of Canada will have one job, and that’s to keep inflation at two per cent with an eye not just to CPI inflation, but asset price inflation. And that’s how we’re going to stabilize demand for assets like housing,” he says.
Housing policy was a key part of his leadership campaign, in which he promised to withhold federal infrastructure funding from local governments that don’t speed home building approvals or reduce associated costs. “In Canada, the supply problem isn’t because of the market; it’s because of government,” he says.
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