The year 2022 was a difficult year, as inflation grew and the Canadian economy was affected. What do you think the impact of inflation will be in the next couple of years in Canada? Share your ideas and opinions on how you feel inflation has and will continue to impact our economy. Make specific reference to the economic impact and provide facts that support your opinions and conclusions. If possible try to use current events that reflect the major effect that inflation has had on business. Are we making progress? Are other Countries doing a better job managing inflation than Canada?

Answer rating: 100% (QA)

The impact of inflation in Canada over the next couple of years is likely to be severe and farreaching with potentially severe economic implications Inflation has been rising in the country since 2019 ... View the full answer