Bank of Canada Admits Recession: Shades of Voldemort; The Solution: More Bubbles; Operation Twist Canadian Style?
The Bank of Canada admitted on Wednesday that Canada was in Recession. Well sort of. Bank of Canada Governor Stephen Poloz is afraid to speak the “R-Word”. Instead, Poloz phrased it this way: “Real GDP is now projected to have contracted modestly in the first half of the year.” Shades of Voldemort Poloz further went […]