Can Inflation Save Canada from Recession?
Jun 20th, 2008 | By Mike Caggeso | Category: International InvestingCanada’s consumer price inflation rose 2.2% year-over-year in May, edging ahead as the Bank of Canada signaled it would last week. The spike suggests Canada’s economy of is also sputtering alongside that of the United States, but soaring commodities costs just may help our northern neighbor skirt recession.