2min chapter

The Loonie Hour cover image

The Hits Keep Coming, Bank of Canada Delivers Another Rate Hike

The Loonie Hour

CHAPTER

The Bank of Canada's Fiscal Measures

The Bank of Canada said the upward revisions to the inflation outlook were due to more persistent excess demand, higher than expected house prices and higher tradable goods. But two of the three already are controlled directly by government policy. The last one is fiscal measures in recent federal and provincial budgets that I think they're going to get some heat for.

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