Former Bank of Canada Governor Says Country Is in a Recession
Former Bank of Canada governor Stephen Poloz delivers a keynote address at a business conference in Ottawa on Nov. 24, 2022. The Canadian Press/Adrian Wyld
Former Bank of Canada governor Stephen Poloz said Canada’s economy is in a recession, with its weak economic growth being propped up by large-scale immigration.
“I would say we’re in a recession. I wouldn’t even call it a technical one,” Poloz said during a Dec. 3 webinar.
