That's exactly what I was talking about.
What's important about that is that you have a goal—less than 1%—and you also have a date on it, so that going forward, in order to respect that target, you won't be able to increase spending substantially.
February 1st, 2024 / 12:10 p.m.
Governor, Bank of Canada
That's exactly what I was talking about.
What's important about that is that you have a goal—less than 1%—and you also have a date on it, so that going forward, in order to respect that target, you won't be able to increase spending substantially.
See context to find out what was said next.