Bank of Canada Sees High Inflation and Debt Continuing While EV Sales Grow Despite Supply Chain Issues
• Bank of Canada governor expects inflation to be "close to" 2% target by end of 2024, sees 2024 as "transition year" for economy • Household debt service ratio hits record 15.22% in Q3, Canadians spending more income paying back debt • Electric SUV and crossover sales driving EV growth in Canada, Tesla Model Y now most popular electric vehicle • Canada struggles to develop electric vehicle supply chains despite billions in subsidies
• Whistleblower alleges government coverup over problems at federal green tech funding agency