- Having returned to low inflation, Canada is in a greater place to cope with new financial shocks
- There is a truthful quantity of uncertainty on how rapidly Canada’s new immigration curbs kick in, BOC will likely be watching
- Impact of modifications in assumptions about inhabitants development may have an even bigger impression on our GDP forecast that our inflation forecast
- If inhabitants development slows quicker than assumed, headline GDP will likely be decrease than assumed
The Canadian authorities introduced 20% decrease immigration targets yesterday.
This text was written by Adam Button at www.forexlive.com.
