In this episode, Canada's economy shows signs of improvement, according to a TD (TSX:TD) Economics report. Despite a soft economy, the Bank of Canada can proceed cautiously with interest rate decisions. GDP grew by 1.7% in the first quarter of this year, with consumer spending contributing significantly, though it is expected to cool down due to higher borrowing costs, tighter immigration policies, and a softening labor market.
This content was originally posted on the Beavis Wealth YouTube Channel