In budget 2023, the growth in spending was 4.1%. Previously, in your own undertaking at your last appearance, you said the bank had it priced at 1.4%. That's four times higher than what was projected in your last committee appearance. Does that mean your projections were underestimated? Did you underestimate the impacts of government spending the last time you were here?
On April 18th, 2023. See this statement in context.