Yes. Quite simply, for all levels of government, revenue is collected on the basis of nominal income. Nominal income is basically real economic activity, plus a measure of inflation. In the case of the national economy, it's the GDP deflator. When nominal GDP rises more rapidly, government revenues, as a result, rise significantly more rapidly as well, so there is in some sense a beneficial impact, if you want to call it that, on public finances from higher inflation. As long as interest rates don't go up in consequence, then as inflation picks up, money pours in. We saw that effect in almost every province last year.
On January 24th, 2022. See this statement in context.