Bill Kelly Show

Interest rate rises, Scandals for Trudeau, And fleeing wildfires

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Synopsis

The Bank of Canada is set to raise lending rates, with traders 90% certain of a quarter point rate hike from .5% to .75%. How will this affect mortgage holders and debt owners? What effect will this have on the Canadian economy? Guest - Ian Lee, Sprott School of Business, Carlton University It’s looking like Justin Trudeau has two scandals to deal with this summer. The first is the $10.5 million payout to Omar Khadr which over 70% of Canadians opposed according to a recent Angus Reid survey. The second is Indigenous and Northern Affairs Minister Marilyn Poitras stepping down from the Missing and Murdered Indigenous Women and Girls inquiry. Marilyn wrote in a letter to Trudeau, "It is clear to me that I am unable to perform my duties as a commissioner with the process designed in its current structure.” How is Trudeau going to ride out these stories this summer? Guest: Tim Harper, Freelance Writer and Editor Wildfires are still raging in British Columbia and over 14,000 people have been forced to evacuate.