Yvan Baker at the Finance Committee

On February 16th, 2023. See this statement in context.

February 16th, 2023 / 11:15 a.m.

Liberal

Yvan Baker Liberal Etobicoke Centre, ON

Thanks very much, Chair.

Thank you, Governor and Senior Deputy Governor, for being here.

I just wanted to pick up on what Mr. Hallan was asking. My understanding of what you said in your opening statement, Governor, was that your current projections are for inflation to continue to come down gradually over the course of the next year or so towards your 2% target and you don't foresee at the moment any further interest rate increases.

Did I understand that correctly?

See context to find out what was said next.