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By Tara Deschamps, The Canadian Press on April 8, 2021. Royal Bank president Dave McKay speaks at the Royal Bank of Canada annual meeting in Toronto on Thursday, April 6, 2017. THE CANADIAN PRESS/Frank Gunn TORONTO – The head of the Royal Bank of Canada says the federal government should be cautious about overspending in its forthcoming budget. “We don’t want to overdo this and some of the numbers that I’m hearing could lead to overstimulation,” Dave McKay, the bank’s chief executive, said during a media roundtable Thursday. “Why not keep our powder dry and see how we recover knowing that you’ve got dry powder to interject quickly, as we’ve shown we can do in the past year, if things aren’t playing out the way we hoped?”

British columbiaTara deschampsFrank gunnAmelia meisterDave mckayCanadian press onRoyal bankCanadian pressபிரிட்டிஷ் கொலம்பியாதாரா சேசம்ப்ஸ்வெளிப்படையான துப்பாக்கிஅமெலியா மைஸ்டர்டேவ் மகேகனடியன் ப்ரெஸ் ஆன்அரச வங்கிகனடியன் ப்ரெஸ்