With regard to the government's response to rising inflation across the Canadian economy: (a) is it the government's position that the high rate of inflation is entirely the result of temporary factors, such as supply disruptions, and, if so, does the government also maintain that the rise of inflation is unrelated to its economic and spending policies; (b) what specific analysis or data, if any, does the government have to support the position that inflation is entirely the result of temporary forces and not the result of its fiscal policy; (c) what specific actions in 2022, broken down by month or quarter, is the government taking or will take to ensure that temporary forces do not become embedded in ongoing inflation; and (d) does the government have any contingency plans to address other factors driving inflation for any rate higher than two per cent in late 2022, and, if so, what are the details?
In the House of Commons on June 8th, 2022. See this statement in context.