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Inflation remains stubbornly high and Canadians are increasingly feeling the pinch.
The Bank of Canada has raised interest rates to tame it, but Scotiabank’s Chief Economist Jean-François Perrault says the central bank should not be in this battle against inflation alone.
This episode, Perrault is our guest and he breaks down his latest economic report on how Canada’s federal government can help make a dent.
Key moments this episode:
1:14 – Jean-François Perrault's summary of his article
2:45 – What impact could the Federal Government make on inflation?
6:23 – What kind of government spending are we talking about?
7:58 – Why the government providing money to individuals may actually make the inflation problem worse
By Scotiabank PerspectivesInflation remains stubbornly high and Canadians are increasingly feeling the pinch.
The Bank of Canada has raised interest rates to tame it, but Scotiabank’s Chief Economist Jean-François Perrault says the central bank should not be in this battle against inflation alone.
This episode, Perrault is our guest and he breaks down his latest economic report on how Canada’s federal government can help make a dent.
Key moments this episode:
1:14 – Jean-François Perrault's summary of his article
2:45 – What impact could the Federal Government make on inflation?
6:23 – What kind of government spending are we talking about?
7:58 – Why the government providing money to individuals may actually make the inflation problem worse

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