24-11-2022 01:07 via fraservalleytoday.ca

Inflation relief measures should be well-targeted and temporary, says Macklem

OTTAWA — Bank of Canada governor Tiff Macklem says governments looking to provide inflation relief to Canadians should choose measures that are well-targeted and temporary. 
At a House of Commons committee meeting Wednesday, Conservative MP Adam Chambers asked the governor which of two options is a better way to deliver relief without fuelling inflation: direct transfers to low-income Canadians or energy relief packages.
In response, the governor said targeted and temporary measures f
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