Standing Senate Committee on National Finance (NFFN) (May 28, 2024)
ANNEX C: Past FCAC appearances at NFFN and recent NFFN business of interest

Past FCAC appearances at NFFN

• FCAC has not been asked to appear before the NFFN Committee in the past 5 years.

Recent NFFN business of interest

• On May 1, Bank of Canada Governor Tiff Macklem took the unusual step of appearing at NFFN to discuss the Bank’s policy interest rate announcement before he appeared at FINA, the House Standing Committee on Finance.
• A main line of questioning from Committee members was whether spending measures announced in Budget 2024 would increase the rate of inflation.
  • Bank of Canada governor doesn't think budget will have much of impact on inflation | CP24.com
  • Federal budget won't have impact on inflation: Bank of Canada | CTV News
  • Bank of Canada says two per cent inflation target necessary | Financial Post

Figure 1: Tweet from the Honourable Senator Clément Gignac, ASC, Économiste, May 1, 2024