The Canadian economy is headed for a rough patch. Growth has already slowed considerably. Job growth has moderated. Inflation remains stubbornly high. But the pain households are feeling today is only going to get worse.

“The path forward looks bleak,” Tiago Figueiredo, a macro strategy associate with Desjardins, said in a note.

  • Blapoo@lemmy.ml
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    1 year ago

    Not a word about grocer price gouging or sky-high rent. Incredible . . .

    • Kecessa@sh.itjust.works
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      1 year ago

      They didn’t because they’re speaking broadly and mention that what’s keeping the CPI high at the moment is mortgages and gas.

        • Kecessa@sh.itjust.works
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          1 year ago

          Your specific situation doesn’t matter when talking about macroeconomics, they have tons of articles on grocers profits and landlord profiting like never before, go read those if you don’t like that article.