Former Governor Dismisses "vibecession"
This is a news story, published by torontosun, that relates primarily to Stephen Poloz news.
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recessiontorontosun
•Business
Business & Economics
EDITORIAL: Freeland’s ‘vibecession’ looks like a recession
72% Informative
Stephen Poloz , Bank of Canada governor from 2013 to 2020 , says we're in a real economic downturn.
Statistics Canada reported last week that our economy grew at an annualized rate of 1% in the third quarter of 2024 .
Poloz said this was largely due to the high immigration policies of the Trudeau government.
On a per-capita basis, our economy has contracted for six consecutive quarters .
VR Score
72
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70
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