“Two of the economy’s previous main drivers of economic growth — natural resources and manufacturing — have struggled to expand in recent years, due to a combination of a more onerous regulatory backdrop and increased competition from abroad,” says Stephen Brown, deputy chief North America economist at Capital Economics.
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Inflation’s last mile to Bank of Canada’s 2-per-cent target could be a long and winding road
Stephen Brown, deputy chief North America economist at Capital Economics, said central bankers may be inclined to keep talking tough about inflation. But he said waiting too long to cut rates could be...
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