Don Davies at the Finance Committee

On May 2nd, 2024. See this statement in context.

May 2nd, 2024 / 9:40 a.m.

NDP

Don Davies NDP Vancouver Kingsway, BC

Thanks.

I want to turn to unemployment.

In a speech in November 2022 to the Public Policy Forum, Governor, you said that Canada's unemployment rate, which was then 5.1%, was too low. Now it's 6.1%. Is unemployment too low today? What is your unemployment target? How high does unemployment have to go before you think it's too high?

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