Don Davies at the Finance Committee

On October 29th, 2024. See this statement in context.

October 29th, 2024 / 4:05 p.m.

NDP

Don Davies NDP Vancouver Kingsway, BC

Thank you, Chair.

Thank you, Governor and Deputy Governor, for being with us.

Governor, year-over-year inflation appears to now be 1.6%. That's below the Bank of Canada's stated target. Some feel it's likely to fall further in the coming months.

Can you please reconfirm that 2% is your target for inflation, and not a ceiling?

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