Inflation Relief Measures Should Be Well Targeted and Temporary, Says Macklem

Inflation Relief Measures Should Be Well Targeted and Temporary, Says Macklem
Tiff Macklem, Governor of the Bank of Canada is seen at the Bank of Canada in Ottawa, on Oct. 26, 2022. The Canadian Press/Sean Kilpatrick
The Canadian Press
Updated:
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Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada governor Tiff Macklem.
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.