Name: Is Canada Heading To A Recession?
Uploaded: 2022-06-26T22:27:54+00:00
Duration: 3 min 40 s
Description: Is Canada Heading To A Recession? The Bank of Canada has said that Russia's invasion of Ukraine, COVID-19 lockdowns in China and backlogged supply chains are fuelling “uncertainty” and higher prices f

3 years ago

recession canadian recession inflation 2022 Canadian real estate market

Is Canada Heading To A Recession?

The Bank of Canada has said that Russia's invasion of Ukraine, COVID-19 lockdowns in China and backlogged supply chains are fuelling “uncertainty” and higher prices for energy and food, prompting a need to increase interest rates to control inflation.

The central bank has hiked its key interest rate three times so far this year to bring it to 1.5 per cent.

For more info about real estate market, please contact:

Ishtiaq Ahmed
Broker,
Century 21 Innovative Realty Inc. Brokerage
http://iwillsell.ca
Ph: 416-999-6975

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