Reasonably limited control.... That being said, when governments are in a position to shut down various parts of the economy, clearly that affects the pricing dynamics in that space. However, I'd like to think that much of the inflationary impulse that we are dealing with now in Canada is ultimately the reflection of policy by the Canadian government and other governments around the world to try to get us out of this. That additional firepower—there is strength in numbers—is more responsible for the inflation outlook now than any single thing any one government has done around the world.
On January 24th, 2022. See this statement in context.