Canada facing recession while government claims growth

Bank of Canada Governor Tiff Macklem has warned that losing preferential access under CUSMA would push Canada into recession. At the same time, the Liberals keep repeating that we have “the fastest-growing economy in the G7”. And let’s not forget: Macklem told Canadians interest rates would stay low “for the foreseeable future,” prompting many to sign big mortgages. He then led 10 straight rate hikes, the sharpest in modern history. Now many Canadians are facing foreclosures. When the central bank misleads on rates, the government misleads on growth, and no one is held accountable, how are we supposed to trust our institutions? The Really Big Show - The thinking Canadian's daily briefing, independent and informed. Live every weekday at 9AM PST.