Episode 131 of Down to Business podcast
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Pictures of port congestion have been all over the news along with articles about supply chain disruptions. At the gas pump, in grocery stores and many other places, prices have been rising.
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Until recently, however, most economists said inflation would be transitory, but now they’re saying prices may well continue to rise through 2022.
This week on Down To Business, Sohaib Shahid, director of economic innovation at the Conference Board of Canada, explains what’s causing inflation to rise to its highest point in three decades and why it’s not “transitory.”
He predicted that people would feel the bite of rising prices a lot more in 2022, and also discussed what is likely to happen with interest rates, deglobalization and much more.
Listen on Apple Podcasts , Spotify , Stitcher and YouTube where you can also subscribe to get new episodes every Wednesday morning.
If you have any questions about the show, or if there are topics you want us to tackle, email us: downtobusiness@postmedia.com .
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Canadians will feel the bite of rising prices even more in 2022
2021-12-08 10:00:37
