The Bank of Canada has nothing but bad choices ahead, says AIMCo chair

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The Bank of Canada has nothing but bad choices ahead, says AIMCo chair
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Canada's central bank is widely expected to hike its policy key rate again when officials meet next month From jefflagerquist

The Bank of Canada is widely expected to raise its key policy rate again when officials meet next month.

Mark Wiseman, chair of the Alberta Investment Management Corp. , says Canada's central bank can stay the course on aggressive interest rate hikes, driving the economy into what could be a "deep recession." "They have a bad choice, and on the other hand they have a bad choice," Wiseman told an audience on Thursday.

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