Prime Minister Justin Trudeau said today his government will keep injecting money into the economy in response to the pandemic, while Conservatives called for an immediate action plan to reverse the rising cost of living amid escalating inflation. “We will continue to be there [for Canadians] because we came into this pandemic in one of the best fiscal positions of anyone in the G7. And we continue to have an extremely strong fiscal position,” Trudeau said during a COVID-19 update in Ottawa on Jan. 19. When asked at the press conference how the government would ensure fiscal responsibility amid the inflationary environment, Trudeau responded that reducing the debt-to-GDP ratio is “something that we’ve always put forward as a sense of fiscal responsibility.” Canada’s inflation rate reached a 30-year high in December, Statistics Canada announced on Jan. 19, when the Consumer Price Index (CPI) increased at an annual pace of 4.8 …