Let's Talk Politics

Ep 8: When Demand Soars & Supply Fails - Housing, Immigration & Canada’s Policy Gaps (Part 3/3)

Julia Pennella Season 1 Episode 8

Ever wonder what really happened during the 2008 financial crisis, and how Canada managed to weather the storm? Or why our housing market is so…well, interesting? In this episode of Let's Talk Politics, we sit down with the brilliant Don Drummond, a leading Canadian economist, to unpack some seriously complex issues with a dose of real-world perspective.

We dive into the recent political sparring over economic leadership during the 2008 financial crisis, and Don sets the record straight about the collaborative effort that kept Canada afloat during a global meltdown. It wasn't just about one person; it was teamwork, folks! We explore the crucial roles played by the Bank of Canada, the Finance Minister, OSFI, and even CMHC, and why their coordinated approach mattered.

But we don't stop there. We tackle the housing market puzzle, the impact of immigration policies, and the challenges of bridging the skills gap. Don shares eye-opening stories from his time working with CEOs and his experiences talking to workers and average Canadians across the country, revealing the disconnect between policy and reality.

This isn't your typical dry economics lesson. Don's insights are sharp and his stories are real . We're talking about the human side of economic decisions, the importance of listening to diverse perspectives, and the need for a 'Team Canada' approach in tough times.

Join us for a thought-provoking conversation that's both informative and deeply engaging. Because when it comes to Canada's economic future, we're all in this together. Tune in and let's talk politics – and economics – with a dose of humanity.