The Bank of Canada's growing list of worries
The Canadian economy is awash in contradictions. Progress has been made in the fight against inflation. The economy has dodged a recession. But unemployment is rising, consumer spending is expected to slow further and the Bank of Canada has a laundry list of things it's worried about.
![The Bank of Canada's growing list of worries](https://i.cbc.ca/1.7226381.1717673199!/cumulusImage/httpImage/image.jpg_gen/derivatives/16x9_620/bank-of-canada-ottawa.jpg)
![Exterior of the Bank of Canada in Ottawa. Taken on June 5, 2024. A photo of a white stone building, taken from a very low angle. The sign reads 'Bank of Canada.'](https://i.cbc.ca/1.7226381.1717673199!/cumulusImage/httpImage/image.jpg_gen/derivatives/16x9_620/bank-of-canada-ottawa.jpg)
The Canadian economy is awash in contradictions. Progress has been made in the fight against inflation. The economy has dodged a recession. But unemployment is rising, consumer spending is expected to slow further and the Bank of Canada has a laundry list of things it's worried about.