Canada Suffers High Inflation, Pulls Back on China
Posted on 06/05/2023
Canada’s economy, like that of the U.S., has proven resilient in the face of sudden and repeated central bank rate hikes. The Bank of Canada paused its rate hikes at 4.5% months ago, but may have to change course. Q1 2023 GDP was up 3.1% and inflation came in at 4.4%, both numbers higher than…
- British Columbia Investment Management Corp
- Caisse de dépôt et placement du Québec
- China
- Ontario Teachers' Pension Plan
