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Navigating Interest Rates and Economic Shifts in Canada
This chapter examines the Bank of Canada's recent adjustments in interest rates to combat inflation and ensure economic stability, detailing implications for GDP growth and inflation metrics. It highlights the forecasted changes in population growth, productivity, and the potential economic downturn due to proposed tariffs on imports. The discussion emphasizes the need for strategic responses to mitigate economic challenges while adapting to shifting demographics and trade dynamics.