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Inflation Derails Further Rate Cuts from the Bank of Canada

The Loonie Hour

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Balancing Acts: Fiscal Challenges in Canada

This chapter examines the complex political landscape surrounding balanced budgets in Canada, highlighting skepticism about effective fiscal management without crises or strong leadership. It discusses the shift in government spending from investment to consumption and the growing income disparity exacerbated by inflation. Additionally, the chapter explores labor dynamics, corporate welfare, and the implications of taxation and economic migration on wealth distribution.

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