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Randall Bartlett
Senior Director of Canadian Economics
Economic News
How the Governor Stole Christmas
December 16, 2022
Every consumer in Canada liked spending a lot - But the Governor who ran the Bank of Canada did not!
The Governor hated spending! The whole spending season! - And we all know why. We all know the reason.
It’s partly because the labour market’s too tight. - It’s also because the balance in the economy’s not right.
But I think that the most likely reason of all - Is that inflation still has a long way to fall.