This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
{
"time": "2024-02-01 12:40:00",
"attribution": {
"en": "Mr. Tiff Macklem",
"fr": "M. Tiff Macklem"
},
"content": {
"en": "<p data-HoCid=\"8189972\" data-originallang=\"en\">I'm always hesitant to react to one number, because in economies you have to look at a lot of numbers to put it all together.</p>\n<p data-HoCid=\"8189973\" data-originallang=\"en\">In our monetary policy report, which we published before that number came out, we expected Q4 GDP to be roughly zero growth. That number by itself would suggest that November was 0.2% and the flash for December...which Statistics Canada would caution you is a flash estimate. It's not a hard number. They have more data coming in. </p>\n<p data-HoCid=\"8189974\" data-originallang=\"en\">If you take those at face value, it would suggest something bigger and probably stronger than zero for the fourth quarter. I still think the fourth quarter is going to be a fairly weak number, certainly well below potential output growth.</p>",
"fr": "<p data-HoCid=\"8189972\" data-originallang=\"en\"> J'h\u00e9site toujours \u00e0 r\u00e9agir \u00e0 un seul chiffre, car dans les \u00e9conomies, il faut tenir compte d'un grand nombre de chiffres pour obtenir un portrait global.</p>\n<p data-HoCid=\"8189973\" data-originallang=\"en\"> Dans notre rapport sur la politique mon\u00e9taire, que nous avons publi\u00e9 avant que ce chiffre soit communiqu\u00e9, nous nous attendions \u00e0 ce que le PIB du quatri\u00e8me trimestre ait une croissance \u00e0 peu pr\u00e8s nulle. En soi, ce chiffre donne \u00e0 penser que la croissance de novembre a \u00e9t\u00e9 de 0,2 % et que l'estimation rapide pour d\u00e9cembre... au sujet de laquelle Statistique Canada vous met en garde qu'il s'agit d'une estimation rapide. Ce n'est pas coul\u00e9 dans le b\u00e9ton. L'Agence publiera d'autres donn\u00e9es.</p>\n<p data-HoCid=\"8189974\" data-originallang=\"en\"> Si nous prenons ces chiffres au pied de la lettre, ils laisseraient entrevoir une croissance plus importante et probablement plus forte que z\u00e9ro pour le quatri\u00e8me trimestre. Je continue de penser que les chiffres du quatri\u00e8me trimestre seront assez faibles, certainement bien en dessous de la croissance de la production potentielle.</p>"
},
"url": "/committees/finance/44-1/124/tiff-macklem-45/",
"politician_url": null,
"politician_membership_url": null,
"procedural": false,
"source_id": "12546510",
"document_url": "/committees/finance/44-1/124/",
"related": {
"document_speeches_url": "/speeches/?document=%2Fcommittees%2Ffinance%2F44-1%2F124%2F"
}
}