Inflation is expected to remain higher than targeted
The former CIBC economist is Desjardins’ new head of macro strategy
Rating agency revises its forecast for 2022
Rate rises to accelerate as Fed pivots on inflation
Outbreaks, bottlenecks expected to slow global growth
Business restrictions, labour shortages to hamper economic activity
However, omicron effects weigh on the outlook
The highest inflation in a generation is heightening financial pressures
The household debt service ratio fell, however, to 13.32% in the third quarter
A PBO report said extending wage subsidies will push the overall price for the program to almost $106.7 billion