The JJM Investment Group
March 06, 2023
View from the Street: Canada’s New Year’s Resolution - Getting the Economy back in Shape
As 2023 settles in, the Bank of Canada is poised to combat the same pressures of rising inflation rates as last year. However, Avery Shenfeld, Chief Economist of CIBC World Markets, reports that a ‘slowing economy’ may not be part of the story. He is effectively calling for disinflationary growth, i.e., growth in a slowing inflation environment.
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