that the Bank of Canada’s inflation-targeting has had unintended consequences, such as fuelling an increase in home prices and contributing to wealth inequalities by supporting higher equity values. The Conservative Party of Canada leader, Pierre Poilievre, had criticized Tiff Macklem and the Bank of Canada during his candidacy, accusing the institution of being "financially illiterate" for forecasting that there would be deflation as opposed to inflation during the pandemic, to which the bank's deputy governor Paul Beaudry responded by stating "The aspect that we should be held accountable is exactly right". See also Canada Deposit Insurance Corporation Canadian dollar Canadian federal budget Canadian public debt Central Bank Digital Currency Commonwealth banknote-issuing institutions Economic history of Canada Economy of Canada List of banks in Canada List of countries by leading trade partners List of financial regulatory authorities by country List of the largest trading partners of Canada Money creation Taxation in Canada References Further reading External links Bank of Canada Act [B-2] central bank Federal departments and agencies of Canada Canada Canadian federal Crown corporations 1935 establishments in Canada Banks established in 1935