What do the latest GDP figures mean for the Bank of Canada? - BNN Bloomberg

Canada’s economy shrank in the third quarter, according to Statistics Canada, adding fuel to the narrative that the Bank of Canada will need to lower interest rates to avoid a deep recession – but economists have varying views on when to expect the first rate cuts.

What do the latest GDP figures mean for the Bank of Canada? - BNN Bloomberg
Canada’s economy shrank in the third quarter, according to Statistics Canada, adding fuel to the narrative that the Bank of Canada will need to lower interest rates to avoid a deep recession – but economists have varying views on when to expect the first rate cuts.