The finance minister believes she has done enough.
The Canadian deputy prime minister and minister of finance are in Toronto.
The photo was taken by the Canadian Press.
If inflation continues to accelerate, the federal government is prepared to take additional steps, according to the finance minister.
Freeland said in Toronto on June 20 that they were not closing any doors. If needed, we are prepared to do more.
The finance minister said she thinks she has done enough.
According to Freeland, her latest budget represents one of the biggest decreases in carbon dioxide spending among the world's rich countries.
A new report by Bank of Nova Scotia chief economist Jean Franois Perrault argues that the federal government should pair the Bank of Canada's interest rate increases with bigger spending cuts.
The Bank of Canada is in charge of bringing inflation to an end, according to Freeland.
The Governor of the Bank of Canada has overseen three consecutive interest rate increases. Macklem said that he may need to push the policy rate higher to get inflation under control.
One of the fastest increases since the early 1980s was seen in the consumer price index in April. The Bank of Canada wants to increase annual increases by 2%.
Freeland made the comments at a joint press conference with Janet Yellen, the US treasury secretary, who traveled to Toronto from Washington, DC for a day of meetings and public events with her Canadian counterpart.
The former chair of the U.S. Federal Reserve agrees with Freeland that inflation is a fight for central banks. The Fed increased its policy rate by three quarters of a point last week because of price pressures south of the border.
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