You referred to the Bank of Canada's mandate. Obviously, the federal government can't tell the Governor of the Bank of Canada what to do and when to do it. However, the government or Parliament must determine the Bank of Canada's mandate.
In a number of countries around the world, this mandate is twofold. Here in Canada, we have a single mandate. Its sole objective is to control inflation. However, many other countries around the world may have two or three objectives, such as home ownership or keeping jobs in the country. Economists, including Senator Diane Bellemare, have been promoting this solution for years.
Do you think that this solution should also be considered?