Canada |  Increases the risk of stagflation

Canada | Increases the risk of stagflation

With stagnant economic growth and stubbornly high inflation, Canada appears headed for a new period of stagflation, the last episode of which dates back to the 1970s, economists note. The anomalous combination of rising prices and high unemployment captured the country’s collective imagination some 40 years ago. Supply shocks had spiked energy costs, interest rates …

Canada | Increases the risk of stagflation Read More »