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Stagflation Grips the Canadian Economy

The Loonie Hour

CHAPTER

Scotia Bank, a Canadian Bank, Is a Good Example of That.

Scandinavian bank Scotia had one of the big, I guess, misses. The CEO basically came out and said, listen, we're going to have to ramp down sort of mortgage originations. And you can certainly see that in the price movement of the stock there at Scotia Bank.

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