Inflation relief measures should be 'targeted and temporary': BoC governor tells committee cdnpoli
At a House of Commons committee meeting Wednesday, Conservative MP Adam Chambers asked the governor which of two options is a better way to deliver relief without fuelling inflation: direct transfers to low-income Canadians or energy relief packages.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
The federal government along with provincial governments have responded to high inflation with measures aimed at softening the blow on Canadians’ finances. While some measures have been targeted to lower-income earners, others have been broad-based.Article content Macklem, along with senior deputy governor Carolyn Rogers, answered questions from MPs at the House of Commons standing committee on finance.Article content
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