“Inflation is proving to be a stickier problem and has been inflamed by the war in Ukraine as well as supply chain disruptions which compounded the pandemic-spending on goods rather than services,” said Ted Mallett, Director, Economic Forecasting, The Conference Board of Canada. “Despite this, Canada’s economy is still running a few percentage points under its capacity and we’re seeing a commodities price surge which has spurred energy and agriculture production.” Read More
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