
Canadian Wages are Dropping at an Alarming Pace
The Loonie Hour
00:00
The CMHC Command's Report on Wage Growth
Housing starts in Canada are down from 300,000 a year ago to about 230,000. The Bank of Canada is trying to reduce aggregate demand for the country by cutting jobs and spending. But when you just have an incredible amount of people enter in an economy, that's like the it's that's a very inflationary inflationary impulse.
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