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Canadian Government Spending Now 80% of GDP Growth
(betterdwelling.com)
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this post was submitted on 31 Aug 2024
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GDP up, mostly government spending, per capital gdp and productivity is down. Would this affect a BoC rate decrease?
Other news articles are saying that everyone is predicting more rate cuts.
Personally, I think inflation is still higher than the government officially reports, the BoC shouldn't be cutting yet.