Again, those changes take a long time to factor into the economy, Governor.
So the question would be, to what extent does the fact that many Canadians are heavily indebted restrict the Bank of Canada from raising interest rates to reduce inflation?
On April 25th, 2022. See this statement in context.
Conservative
Dan Albas Conservative Central Okanagan—Similkameen—Nicola, BC
Again, those changes take a long time to factor into the economy, Governor.
So the question would be, to what extent does the fact that many Canadians are heavily indebted restrict the Bank of Canada from raising interest rates to reduce inflation?
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