Economist: 'Tough times' ahead for Canada in 2023 | Bank of Canada hikes key interest rate #shorts

Economist: ‘Tough times’ ahead for Canada in 2023 | Bank of Canada hikes key interest rate #shorts

The Bank of Canada has raised its overnight rate by 50 basis points to 4.25 per cent, marking its seventh rate hike in nine months. The last time the bank’s policy rate was this high was in January 2008. Subscribe…