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economic recovery

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The head of the Bank of Canada is warning that the faster pace of price increases may persist longer than first thought, and slow the pace of Canada's economic recovery, as global supply-chain issues weigh on the domestic economy.

The governor of the Bank of Canada pressed the case for COVID-19 vaccines to be sent to developing nations as part of a broader push to not only end the pandemic, but aid Canada's economic recovery and ease price pressures on consumer goods.