The slowdown in Canada’s economy hasn’t yet met the bar for a technical recession amid modest real GDP growth in the fourth quarter of the year, Statistics Canada says.
The slowdown in Canada’s economy hasn’t yet met the bar for a technical recession amid modest real GDP growth in the fourth quarter of the year, Statistics Canada says.
and lots of people losing their jobs, but hey sure, take your time bank of Canada, no rush
Job losses is the stated goal of the BoC. Job losses dampen consumer spending, which slows down purchases, which (theoretically) stops prices increasing.