Canada’s Finance Minister Freeland said Canada still has a path to a “soft landing”

Finance Minister Chrystia Freeland was speaking on Sunday, Canada time. The report comes from CBC. 

  • “I have to strike a balance. One is supporting Canadians with affordability challenges and the other is fiscal restraint, because I don’t want to make the Bank of Canada’s job harder than it already is,”
  • says she maintains “an upbeat tone”
  • expressed confidence in the Bank of Canada’s ability to rein in inflation
  • said there was no guarantee that the economy would avoid a recession

USD/CAD is circa 1.2890, not a lot changed from its level late Friday. 

Canada’s Deputy PM and Minister of Finance Chrystia Freeland This article was written by Eamonn Sheridan at http://www.forexlive.com.      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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