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Is a recession coming, and how bad will it get?

The Big Story

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Can Canada Avoid a Recession?

I think we could have done a better job managing that post pandemic inflation without throwing the whole economy into a recession. We've published some work through our center jointly with the Canadian Labor Congress to explore some options in that regard. I'm not optimistic that the folks at the Bank of Canada are going to be influenced by this. In fact, they've hardened their language lately saying, you know, it's all about wages in the labor market and we're going to get unemployment up"

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