Canadian economy headed for recession – RBC

> Subscriber-only, By Craig Ritchie2022-07-13T11:30:00

Royal Bank of Canada says surging inflation and interest rate hikes will push country toward economic contraction by 2023

Senior economists with the Royal Bank of Canada (RBC) have released a new mid-year report suggesting the country is headed toward a moderate recession by 2023, driven by runaway inflation…

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