Bank of Canada expects growth to stay 'above zero,' but global recession a risk

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Bank of Canada expects growth to stay 'above zero,' but global recession a risk
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Bank of Canada governor Tiff Macklem says the forecast is for positive but weak growth, and therefore not a recession. Read more

Governor Tiff Macklem said on Tuesday that the current forecast is for positive but weak growth for the rest of the year, and therefore not a recession, and that by most people’s measures would be a “soft landing.”THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYUnlimited online access to articles from across Canada with one account.

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