The Bank of Canada has one tool to control inflation.
We've talked about the effects of different types of policies on both demand and supply. Those are decisions of elected governments. We're going to take those into account. The more supply is growing, the less we need to cool demand to reduce inflationary pressures.
Government spending also contributes to demand. If it grows faster than supply, it will make it more difficult to get supply and demand into balance and reduce inflationary pressures.
Those are all your decisions. We're going to take those policy decisions as they're given, and we're going to use the tool we have to fulfill our mandate for Canadians.