Bank of Canada says economy will likely be scarred by COVID-19 until 2023

Bank of Canada says economy will likely be scarred by COVID-19 until 2023
Canada’s central bank governor, Tiff Macklem, says it will be a “long slog” to recovery as some jobs disappear for good. In light of that, he has committed to keeping interest rates at low levels until inflation climbs back to between two and three per cent.
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