We will wait for that update then.
In the report, you note that slower economic growth will put upward pressure on government programs such as health care, OAS and pension benefits, and that fiscal policy changes might be necessary to avoid unsustainable government debt. Your report said that the government could increase spending or cut taxes by $45 billion at the time.
Based on those changes.... I realize you have answered the question already, but I'm still curious about it. The goal of the Bank of Canada in increasing these interest rates is essentially to slow the rate of economic growth in order to bring demand down. If they are successful, it should mean that there's going to be upward pressure on these programs.
Do you agree with that perspective?