Economists Warn that Trudeau Spending Risks Fueling ‘Inflationary Fire,’ CIBC Says

Economists are warning Prime Minister Justin Trudeau’s government against using windfall revenue to add to spending amid concerns about inflation.
The calls come as the government prepares to double federal goods-and-services tax rebates for six months and support Canadian households struggling to pay rent. The plan, meant to be announced Thursday but temporarily delayed by the death of Queen Elizabeth II, is in addition to refunds and cash handouts already distributed by provincial governments.

Canada benefited from surging energy prices earlier this year, which helped the nation swing into recurring 

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