I'm going to leave decisions on fiscal policy to governments and parliamentarians.
I will just say that if government spending contributes more to aggregate demand at a time when we're trying to cool the economy, then yes, that wouldn't be helpful.
On February 16th, 2023. See this statement in context.
February 16th, 2023 / 11:35 a.m.
Governor, Bank of Canada
I'm going to leave decisions on fiscal policy to governments and parliamentarians.
I will just say that if government spending contributes more to aggregate demand at a time when we're trying to cool the economy, then yes, that wouldn't be helpful.
See context to find out what was said next.