Expect high interest rates to last for years: BMO economist | “Significant risk” of recession

BMO senior economist Robert Kavcic says there's a 'pretty significant' risk that the Canadian economy will fall into a recession in 2023.

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23 comments

    1. @andy D Further to my point, take a look at what 200k will get you in Winnipeg vs Vancouver. Why? Again, supply and demand.

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  2. Thank you Robert very helpful news. Personally I have been on recession for the past 10 years so I’ll be alright. Merry Christmas and a Happy New Year everyone

  3. Of course they will. Just imagine how much more money the banks will be making. Go on, imagine it. Now get back to stressing about your bills.

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