Overview
The Bank of Canada ended its rate-hike campaign in March allowing Canadians, especially those looking to borrow, to breathe a little easier. However, rates will remain high even as inflation declines.
And although the Canadian economy has picked up momentum, layoffs in the tech sector and global geopolitical concerns continue to fuel worry about a recession.
What do all these mixed messages mean for the next phase of post-pandemic life? Osler Special Advisor and former Bank of Canada Governor, Stephen Poloz shares his insights on what to expect for the balance of the year.
Osler National Co-Chair Shahir Guindi facilitates the Q&A session with Stephen.