Mr. Speaker, again the hon. member is focused on the wrong thing.
When the Governor of the Bank of Canada attended the finance committee, when both the member and I were present, the governor informed him that the much bigger risk facing the Canadian economy was deflation, not inflation.
I would point the member to the comments of the chief economist of the IMF, who was on leave from the department of economics at Harvard University. She said, “For the many countries that find themselves at the effective lower bound of interest rates, fiscal stimulus is not just economically sound policy but also the fiscally responsible thing to do.”
We will base our decisions on evidence and facts, and we will continue to be there for Canadians through this pandemic.