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Canada's jobless rate plunges to pre-pandemic lows, proving the COVID recession is over

Category:Cross-Border
Updated:2022-03-11
thomas

“The country has reached full employment, and worker shortages are beginning to feed into wage pressures,” Karl Schamotta, Chief Market Strategist at 91 Cross-Border 91, said in a note to his clients. “The Bank of Canada is widely expected to upgrade its inflation forecasts and announce another interest rate hike at its next meeting on April 13.”

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