Canada has 30% chance of entering recession: former BOC head
Tehnologie
A former Bank of Canada governor is predicting Canada has about a 30 per cent chance of falling into a recession, amid growing global economic pressures. The ongoing war in the Middle East — with blockades in the Strait of Hormuz and damage to production facilities — is taking a striking toll on the global economy, sending fuel prices soaring and risking a global energy crisis. Stephen Poloz — who is now a special adviser at Osler, Hoskins and Harcourt — said growth in Canada is only at about
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