- October 18, 2022
- Posted by: Stratford Team
- Category: Economy
Finance Minister Chrystia Freeland warned Monday that Canadians can expect an economic slowdown in the coming months.
Speaking to business leaders at a local company in Gatineau, Que., Freeland said that even with inflation beginning to ease off, the road ahead will be difficult.
“It is important, as deputy prime minister and minister of finance, that I tell people the truth about what awaits us,” she said in French.
“Our economy will slow down as the central bank has to tackle inflation.”
WATCH | Freeland says she won’t ‘sugar coat’ the economic difficulties facing Canadians:
Freeland says she won’t ‘sugar coat’ the economic difficulties facing Canadians
While she warns of a recession ahead, Finance Minister Chrystia Freeland says the government has the right tools in place to get through this period successfully.
While Freeland didn’t use the word recession, most consumers and businesses think Canada will enter one, according to new surveys from the Bank…
