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LILLEY: Trudeau's words on low interest rates come back to bite him

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Trudeau could cut back on spending without hurting core services and that would help ease inflationary pressures and mean the Bank of Canada wasn’t taking on this fight alone. He won’t do that, writes brianlilley cdnpoli

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That’s right, Canada’s payments on the national debt have gone up dramatically over the past several years and this latest interest rate hike will only make things worse.From our newsroom to your inbox at noon, the latest headlines, stories, opinion and photos from the Toronto Sun.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.

It was just three years ago that Trudeau was being asked about the cost of carrying all that extra debt when the PM interrupted the reporter, CTV’s Glen McGregor, to chastise him about how low interest rates were.Advertisement 2THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account.

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