Mr. Speaker, as members of this House well know, monetary policy and the work of the bank is independent of the work that politicians do. There are very clear rules around how we create those mandates, how we renew those mandates. Those rules on this side of the House will be followed. I can reassure Canadians that the current mandate does have the target of 2%, and we will be renewing the mandate in the coming days.
In the House of Commons on December 8th, 2021. See this statement in context.