Rate hikes are starting to bite, slowing Canada’s economy: Economist

Stéfane Marion, chief economist at National Bank of Canada, joins BNN Bloomberg to discuss the latest GDP numbers in Canada, seeing the economy contract in Q2. Stéfane points out some positives in the report and says though a slowdown is coming, a recession isn’t on the horizon yet. Subscribe to BNN Bloomberg to watch more videos: Connect with BNN Bloomberg: For the latest news visit: For a full video offering visit BNN Bloomberg: BNN Bloomberg on Facebook: BNN Bloomberg on Twitter: BNN Bloomberg on Instagram: BNN Bloomberg on LinkedIn: -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.