Bakers Journal

Rising rates are now a reality: FCC provides economic snapshot

March 9, 2022
By FCC – Farm Credit Canada

Canada’s economic growth is expected to be weaker in the first quarter from omicron and supply-chain disruptions, compared to the second half of 2021, but a strong rebound in the second quarter and strong overall growth in 2022 is expected as the demand for services increases with the reopening of provincial economies. FCC Economics’ outlook looks at challenges, including the Russian invasion of Ukraine, and how they are offset by strong exports and consumer spending. | READ MORE

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