The Business of Business with Greg Durocher & Ian McLean
Cambridge Chamber of Commerce President & CEO, Greg Durocher & Ian Mclean, President & CEO of the Greater Kitchener Waterloo Chamber of Commerce join Perrin for a special episode of the Business of Business to discuss the rapid testing program they have launched, the importance of rapid testing getting rolled out Canada wide & much more.
Canadian GDP for August: It’s not all bad news
Canada’s real GDP grew by 0.1% in August, led by gains in services, with the advanced estimate for September showing yet another modest gain (0.1%). Taken together, real GDP is growing at an annualized pace of 1.6% in 2022Q3.
Canadian inflation holds steady at 18-year high of 4.7% in November
With inflation still running at a 18-year high, the policy rate at its effective lower bound, and the Bank of Canada’s ongoing asset re-investments, monetary policy has never been this stimulative at any point in the inflation targeting era.