Opinion: Higher interest rates will cause a recession

Opinion: Higher interest rates will cause a recession

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Steven Tobin is the chief executive officer of LabourX and a C.D. Howe Institute research fellow. Parisa Mahboubi is a senior policy analyst at the C.D. Howe Institute. While many have challenged the pace of the Bank of Canada’s interest-rate hikes, their likelihood of success and the extent to…

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