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Bank of Canada chief sees Trudeauflation 'a little over' 8% as soon as next week

Writer's picture: PopCanPopCan

CTV News: 'The Bank of Canada expects inflation to go "a little over" 8%, as soon as next week when June's data is released, and stay in that range for a few more months, Governor Tiff Macklem told a business group in a webcast transcript released late Friday.'

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Citation Moving Marvels
Citation Moving Marvels
Nov 03, 2023

This forecast is known as trudeauflation and is largely attributed to increased government spending on infrastructure and social programs.


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