Canadian Bank CEO Warns Government of Inflation Risk with Housing Spending

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Economy News

Canada,Housing Crisis,Inflation

Canadian Imperial Bank of Commerce CEO Victor Dodig expresses concern that the Canadian government's spending measures to address the housing crisis may reignite inflation. Dodig suggests that the government should focus on reducing inflation instead of implementing long-term solutions.

TORONTO - Canadian Imperial Bank of commerce CEO Victor Dodig said on Thursday the Canadian government risks reigniting inflation with spending measures aimed at fixing an acute housing crisis.

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