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Canada federal budget doesn't change fiscal track much - BoC

Kitco Media
By Reuters
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Updated:
Reuters
Canada federal budget doesn't change fiscal track much - BoC teaser image

OTTAWA, April 19 (Reuters) - The Canadian government's April 16 budget does not at first glance do much to change the fiscal track from the one set by a fall economic statement last November, Bank of Canada Governor Tiff Macklem said on Friday.

Macklem, speaking to reporters from an IMF meeting in Washington, also reiterated the central bank's message that it needed to see more signs that inflation is coming down sustainably before it can consider cutting rates.

(Reporting by Promit Mukherjee, editing by David Ljunggren)

((Reuters Ottawa bureau; david.ljunggren@tr.com, opens new tab))

Keywords: CANADA CENBANK/
 

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