If you look at government spending at all levels in 2023, it roughly grew at about 2%. It's not helping to relieve inflationary pressures, but it's growing roughly in line with the economy's potential population growth. It's not adding new ones.
February 1st, 2024 / 12:25 p.m.
Governor, Bank of Canada
If you look at government spending at all levels in 2023, it roughly grew at about 2%. It's not helping to relieve inflationary pressures, but it's growing roughly in line with the economy's potential population growth. It's not adding new ones.
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