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Inflation pressures on economy, workforce ‘absolutely surprised’ everyone, including BoC, says top economist

There have been a variety of reasons why inflation has 'absolutely surprised' everyone, including the persistence of strong energy prices and how widespread supply issues have been globally, says BMO's Douglas Porter.

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BY MIKE LAPOINTE
November 24, 2021

News | BY MIKE LAPOINTE | November 24, 2021

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Inflation pressures on economy, workforce ‘absolutely surprised’ everyone, including BoC, says top economist

There have been a variety of reasons why inflation has 'absolutely surprised' everyone, including the persistence of strong energy prices and how widespread supply issues have been globally, says BMO's Douglas Porter.

Canada’s aging crisis and a call for reform in eldercare

Billions from public-service pension plan surplus gives Liberals many options

New government spending request will be snared in parliamentary gridlock while privilege debate persists

Trump adds pressure to increase defence spending, but MPs and others consider U.S. NATO withdrawal unlikely

NDP won’t be ‘baited’ as Tories attack Singh amid Liberal labour moves, says MP Green

Not if, but when: Foreign Affairs Committee keys in on question of Palestinian statehood

‘Strike action will resume’ if PSAC members reject tentative deal reached with feds

Small inflation uptick not cause for economic ‘alarm,’ but Liberals ‘remain in trouble’ politically, say observers

Economists, Bank of Canada say Canada ‘not immune to spillovers’ amid recent banking turmoil

Central bank’s ‘definitive’ language on pausing future rate hikes an ‘appropriate’ choice, say economists

Not our grandparents’ recession: changing labour market means feds and central bank should reconsider priorities as employment remains strong

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Inflation pressures on economy, workforce ‘absolutely surprised’ everyone, including BoC, says top economist

There have been a variety of reasons why inflation has 'absolutely surprised' everyone, including the persistence of strong energy prices and how widespread supply issues have been globally, says BMO's Douglas Porter.

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