Hi Angelo! No, I won't be joining the dark side, lol.

The BoC is sensibly holding monetary policy at a stimulus level. This is a cue to the government to continue complementing monetary policy with expansionary fiscal policy.

If we compare the prudence, foresight, competence, and economic wherewithal of the current Liberal government, to the Harper government, we can observe a stark difference.

Where the monetary policy then was expansionary, Harper's fiscal policy was one of austerity. In fact, he was the master of pro-cyclical economics. His policies offset any good the monetary policy was doing. Setting himself at odds with the BoC out of a combination of stubborness and partisan ideology was incredibly counter-productive, and our economic growth, our well-being, and our standard of living suffered for his ego and his intractable nature.

Thankfully, Canadians recognized this, and turfed him from office. The Liberals are doing exactly what we elected them to do. Hooray for them!