Prime Minister Justin Trudeau said he doesn’t believe monetary policy will be a top priority for his government after the Sept. 20 election, prompting criticism from his Conservative rivals.
At a campaign stop in Vancouver, Trudeau was asked whether he would support altering the Bank of Canada’s inflation-fighting mandate to allow it to tolerate somewhat higher prices, as the U.S. Federal Reserve has done. The central bank tries to keep inflation close to 2%, and its target comes up for review every five years.
Tories Pounce After Trudeau Says Monetary Policy Not a Priority - Bloomberg
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