Unfortunately that's in line with the Bank of Canada's recommendation: ------------------------ "Mr. Macklem: [... T]he high inflation that we have today is n

Unfortunately that's in line with the Bank of Canada's recommendation: ------------------------ "Mr. Macklem: [... T]he high inflation that we have today is not normal. It's not here to stay. We are resolute in our commitment to bring inflation down. We are taking action and we will continue to take action to bring inflation back down. So as a business, don't plan on the current rate of inflation staying. Don't build that into longer term contracts. Don't build that into wage contracts. It is going to take some time, but you can be confident that inflation will come down. ----------------------- - Tiff Macklem, Governor and CEO of the Bank of Canada in a webinar hosted by the Canadian Federation of Independent Business. Transcript here: https://20336445.fs1.hubspotusercontent-na1.net/hubfs/20336445/cfib-webinars/Transcript-20220714-CFIB-Webinar.pdf https://20336445.fs1.hubspotusercontent-na1.net/hubfs/203364... The reason he speaks to that is that he's worried about inflation increase due to a wage-price spiral. Depressing wages is a way to prevent that. And I'll mention now; I have no idea how true this is.