The Financial deregulation accelerated under Bush administration.US inflation/recession/economic woes in general can spill over into Canada. The US doesn't exist in a void.
You Liberals seemed to have no problem blaming the worldwide recession of 2008 on George W. Bush, right?
Banks tried to profit of the situation with subprime mortgages.
Motgages loans much higher than home values.
In short, banks tried to increase their market and profits and failed.
Bush was not responsible but his policies didn't help.
By the way, you're posting on the wrong thread, it is the DC Capital Riots Fallout, not the Joe Biden a good President.
Inflation as nothing to do with the thread discussed here.