Western Standard - August 18, 2021


Justin Trudeau： ‘I don’t think about monetary policy’


Episode Stats


Length

1 minute

Words per minute

134.04256

Word count

147

Sentence count

1


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

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

Transcript generated with Whisper (turbo).
00:00:00.000 you mentioned the Bank of Canada's mandate that mandate is actually expiring at the end of this
00:00:12.240 year if reelected it's probably the the review or the extension of the mandate is probably the most
00:00:18.060 the first big economic policy decision you'd make after the election there's some talk of
00:00:23.880 allowing the Bank of Canada to to make some tweaks to the mandate to give it a little bit
00:00:28.820 more flexibility to tolerate higher inflation so he could you know help stimulate the economy a
00:00:33.800 little bit more in this in this very difficult time do you have a position on the mandate do you
00:00:39.500 would you support a slightly higher tolerance for inflation I don't know when I think about
00:00:44.180 the biggest most important economic policy this government if reelected would move forward you'll
00:00:50.720 forgive me if I don't think about monetary policy
00:00:58.820 you
00:01:03.800 you