Economists now see a soft landing for the Canadian economy, with no recession this year despite interest rates at a 22\u002Dyear high. Read on.
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The results support the Bank of Canada’s view that economic growth is moderating, while core inflation remains elevated. Governor Tiff Macklem said this month that policymakers are trying to balance the risks of over- and under-tightening, and avoid “making economic conditions unnecessarily painful for everybody.”
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