Justin Trudeau： ‘I don’t think about monetary policy’
Episode Stats
Words per Minute
134.04256
Summary
In this episode, we discuss the impact of the Bank of Canada's mandate review on the economy and what it would mean for the economy if a Conservative government were elected in Canada in October 2019. We also discuss the potential tweaks to the Bank's mandate to allow it more flexibility to tolerate higher inflation.
Transcript
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you mentioned the Bank of Canada's mandate that mandate is actually expiring at the end of this
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year if reelected it's probably the the review or the extension of the mandate is probably the most
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the first big economic policy decision you'd make after the election there's some talk of
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allowing the Bank of Canada to to make some tweaks to the mandate to give it a little bit
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more flexibility to tolerate higher inflation so he could you know help stimulate the economy a
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little bit more in this in this very difficult time do you have a position on the mandate do you
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would you support a slightly higher tolerance for inflation I don't know when I think about
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the biggest most important economic policy this government if reelected would move forward you'll
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forgive me if I don't think about monetary policy