The Canadian economy has hit the economic wall. Expect Canadian dollar weakness to follow
Rate hikes bite and where the Canadian dollar is headed
Source: forexlive.com
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Rate hikes bite and where the Canadian dollar is headed
"Inflation … is still running around nine per cent for food, so that's sucking a lot of the dollars out of each household. They don't have any money to spend on discretionary goods."
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Consumers under inflation pressure continue to cut down spending on gardening and recreational goods
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