Canada's Jenkins on weathering economic shocks

In the speech 'Weathering economic shocks: The importance of flexibility' given on 13 September Paul Jenkins of the Bank of Canada issued a warning to federal and provincial governments that they should not use their windfalls to take actions that would overheat the Canadian economy and provoke inflationary pressure.

"Economic outcomes are better and adjustments less costly when macroeconomic policies are working in tandem," senior deputy governor Paul Jenkins said in his speech to the Vancouver

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