Bank of Canada Governor Tiff Macklem states that the federal budget will not significantly impact inflation.
Bank of Canada Governor Tiff Macklem says he does not think the federal budget will have a significant impact on inflation. The budget, tabled last month, has not changed the federal government's fiscal track due to offsetting higher revenues. Macklem believes this will not have a big effect on the economy or inflation projections. The Bank of Canada has been encouraged by progress in reducing inflation.
May 01, 2024
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