Bank of Canada official warns it would be ‘painful’ to see big price drops

Rhys Mendes said in a speech on Tuesday that, even though many Canadians may be clamoring for lower prices, an extended decline would not be good for consumers.

Bank of Canada official warns it would be ‘painful’ to see big price drops
Rhys Mendes said in a speech on Tuesday that, even though many Canadians may be clamoring for lower prices, an extended decline would not be good for consumers.