You thought inflation was bad? Buckle up. Stagflation is making a comeback — the ugly reality where both prices and job loss are on the rise as economies stagnate.
Tackling the affordability crisis in Canada shouldn’t stop us from also spending big on climate change and defence. Because as an economic superpower we can, we must.
An as-yet unsigned child-care deal; the ongoing she-cession; labour shortages; gig work; record inflation. It’s been a tumultuous two years. Where will we go from here?
Expect federal help to be extended. But Canada also stands a chance of an economic renaissance as the pandemic revolutionizes how we work and how we access goods and services.