If Trudeau senior had trusted the Bank of Canada to handle the Canadian debt like they did before he came into office in the '70sIf you can't trust a bank, who can you trust, eh?
Who knows we might be better off.....
https://canadiandimension.com/artic...-reinstated-to-its-original-mandated-purposes
An interesting read, but the crux of the matter is in this paragraph
At that time it seems that Prime Minister Pierre Trudeau came under the influence of neoliberalism, promulgated by Frederich Hayek and Milton Friedman. Then, while attending the Basil Committee sessions, he probably came under further influence of fellow Bilderberg attendees and as a result he accepted the partisan flawed logic from the world’s top banks. Apparently on the basis of this, he decided that Canada should dramatically reduce borrowing interest-free money from Canada’s own bank and instead borrow the bulk of its money from chartered banks and pay interest on the loans. It appears that this decision was made without informing Canada’s parliament. This was such a fundamental change of policy that it should not only have been debated in parliament, this should have been put to a national referendum. Strangely, even when this became known, this was apparently never questioned by the opposition parties, especially the NDP, and never revealed in the media. Strange indeed.