No, that's not what we're saying at all. What we're saying is that our inflation target is well below the target. The Canadian economy is weak. There are still more than 600,000 Canadians who've lost their jobs and haven't got them back. That's putting downward pressure on inflation. Against that background, we need a lot of monetary stimulus, extraordinary monetary stimulus, to support the recovery and get Canadians back to work and inflation back to target.
On November 26th, 2020. See this statement in context.