Interest charges next year, according to the PBO, are going to be about $42 billion. That's $42 billion that can't improve health care and can't stay in Canadians' pockets through lower taxes because that money is going to the bond fund managers on Bay Street.
Look, the Bank of Canada has one job, and it failed to do its one job. If you've been to a grocery store or a gas station in the last year, you know that. Even the Bank of Canada has admitted they did not hit their inflation target. Even the Bank of Canada has admitted they should be held accountable.
Well, it's a funny way to hold your organization accountable—by turning around and handing out $45 million in bonuses and pay raises in 2020 and 2021.