John Manley joins BNN Bloomberg for his view on Canada's economic outlook amid rising rates. He notes inflation remains a major factor in the decision making going forward—but also warns about wage increases and psychological side of how much Canadians expect inflation to fall. He adds that the loonie's decrease will continue to feed into food inflation. John also comments on the possibility of more insolvencies in Canada, how the federal budget is shaping up and what Canada needs to do to attract and retain investment.
Bennett Jones