It is so refreshing to hear from the Governor of Bank of Canada (Tiff Macklem) saying that the Canadian economy is flush enough with stimulus to survive the current downturn and doesn’t need any additional injection from the monetary policy.
Maybe we can see a day when our Fiscal and Monetary authorities could have exercised some restraint and foresight that sometimes (just sometimes!) enough IS enough…
No need to overinflate everything driving the budget deficit to 25% of GDP like Zimbabwe…