Source: Josh Dehaas, CTV News, December 17, 2018
Canada is facing the shock of low oil prices and a trade war between its two biggest trading partners but Bank of Canada Governor Stephen Poloz says he doesn’t expect a recession next year.
“We’re certainly not expecting a recession in 2019 but I do think that everybody needs to be prepared for volatility,” Poloz said Monday in an extensive interview with CTV News Chief Anchor and Senior Editor Lisa LaFlamme.
“We are in a volatile world and so there are risks … but I think the Canadian economy begins this new year in a pretty good place,” he added.
Image Source: THE CANADIAN PRESS/Sean Kilpatrick
