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Manley, who now serves as a senior adviser at law firm Bennett Jones LLP, said he agreed with former Bank of Canada governor David Dodge’sFinancial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.
a quarter point last week despite an outlook that predicts economic growth will stall this year, because governor Tiff Macklem is concerned that cost pressures remain a threat.Article content “I think would both agree that at the moment at least, it appears that fiscal and monetary policy are not aligned, and the importance of that alignment is key,” Manley said during an“This is a bit like driving your car with one foot on the gas and the other on the brake generally, especially if there’s slushy conditions under your tires,” Manley added. “That’s not a good plan for controlling the direction of your vehicle, not a good plan for controlling the direction of the economy either.
Not surprised at all