The Loonie Hour Podcast

Big Deficit Spending Will Put Pressure on the Bank of Canada

March 31st, 2023

The Federal Government announced its budget and it was a doozy. More inflationary spending, including money for groceries. The Bank of Canada will have its work cut out for them as there are also signs that the housing market is showing signs of strengthening. Credit spreads suggest there are issues under the hood within financial markets.

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