U.S. consumer prices up 7% in December, setting a 40-year record

With Canada set to receive a fiscal update on Tuesday, ‘The West Block’ guest host Abigail Bimman speaks with former Bank of Canada governor Stephen Poloz about inflation, the rising cost of living and fiscal policy. Poloz explains why he doesn’t think it’s fair to blame the government for the current high inflation and why we likely won’t have a full picture on inflation until the summer. – Dec 12, 2021