"2022 was quite a rollercoaster," said Randall Bartlett, senior director of Canadian economics at Desjardins.
"We're really expecting to see the rubber meet the road in terms of the implications of interest rate hikes in the first half of next year," Bartlett said. Inflation peaked at 8.1 per cent in June and has been steadily declining since. Last month, the annual inflation rate fell to 6.8 per cent, showing slight but positive progress.
As the economy takes a turn, labour groups in particular have been concerned about the effect of interest rate hikes on employment. One factor that will influence the depth of the economic downturn is whether the Bank of Canada will continue to raise interest rates.
'After a strong year for the economy, 2023 will be shaped by high interest rates' Yup! Keep printing money Keep giving it away Interest rates must rise The dollar is devalued Housing market will crash Food will go up another 15% Watch Thank-you Trudeau voters! .
This message was paid by the Liberal government
Where the hell are we?, North Korea? This is absolute bullshit.
Strong year for the bosses. Nothing for the working class.
Recovery? Telling us gvt think tanks didn't know we were headed down this path, give me a break. Bunch of scheming weasels
2022 was also shaped by high interest rates and what’s this strong year for the economy and you wonder why people don’t trust you when blatantly lie like this 🤧
And your arrogant glorious leader TRUDEAU will raise taxes much more in 2023..enjoy SHEEP..LOL
as a nation founded on christian principles, how do we let usury like this stand?
Clown network
Strong year? Lmao.
In what world was this a strong year for the economy?
Strong economy? What?! Whoever wrote this article is a clown. Just because the country made more revenue with all the inflation and interest rates doesnt mean the economy is strong. Its the exact opposite.
It was not a strong year for the economy.
Just further proof that the rich own the media lol
18,7k people saw this, and 11 people liked the post. Don’t you see you can’t lie like this? We are not idiots, we know it was a shit year for the economy, you dirty liars
Holy 🤡 🌎 level Gas-lighting. If 2022 identified as a strong economy while inflation was 'transitioning'~Brace yourselves for the absolute abject 💩 storm 2023 will bring~ 'You will own nothing and you will be happy' ~WEF....New Anthem..
strong year for who exactly?
Strong year for politicians for sure.
You shouldn’t even be a news to be bothered with
I've come to realize that you guys just post these ridiculous posts for the funny comments that you're about to get because you know and we all know there hasn't been a strong year under this government in years please just stop reporting lol
A strong year for the super wealthy perhaps.
So why did Canada go off the Gold Standard?
'Whatever the Party holds to be the truth, is truth. It is impossible to see reality except by looking through the eyes of the Party.' -O'Brien
If this tweet doesn’t prove CTV is controlled by the liberals, I don’t know what will
Any year is a strong year after 2 years of no economy
...zero down, no payments until 2024, 'Strong' means 'catastrophic', on approved credit, while supplies last.
A strong year for the economy ? Who writes this horseshit good god
Uh, what indicators told you it was a strong year for the economy?
These are not high interest rates. Wake up people
Right…article brought to you by the liberal party of Canada
Trudeau told you to say that?
JustinFlation
A strong year? The gaslighting is unreal at this point. Zero shame whatsoever. If you call them out they cry and say you’re harassing them. Journalism is completely compromised and nothing more than propaganda.
If it's a strong year it sure wasn't because of anything the governments did,
CTV needs to put the crack pipe down. A strong year printing money maybe
A strong year?
Strong year if youre Pfizer or Raytheon...not so much for the rest of us
STRONG YEAR? REALLY?
A strong year for the economy after hiking rates and rampant inflation? 🤡
Strong year? 😂out of touch much?
Strong year?
String year? How so? The banks have made out like bandits but nobody else has. Other then politicians with their raises.
So, at what point does everyone wake up and realize Trudeau is turning Canada into North Korea?
Thanks JustinTrudeau
Strong year? Lol. My stocks would say otherwise and savings have plummeted thanks to inflation and mass high cost of living.
Just stop it already we don’t believe you anymore it’s over
A strong year? Have I been living in an alternate time line? XD
Strong year for the economy...lol
This was a strong year for the economy….?
My TV programming said this was all the rooskies fault. Thank goodness we are sending millions of dollars to zelinsky