December 12, 2024
Canadians should be confident in economy #CanadaFinance

Canadians should be confident in economy #CanadaFinance

Financial Insights That Matter

OTTAWA, June 7 (Reuters) – Canada Finance Minister Chrystia Freeland, speaking after the Bank of Canada hiked rates to a 22-year-high, on Wednesday said Canadians should be confident in the strength of the economy.

“There is no country in the world better positioned for a soft landing than Canada,” she told reporters. Freeland said the Bank of Canada had an independent mandate and the government respected that.

(Reporting by David Ljunggren)

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