Immigration ministers to meet in Montreal over cuts to temporary visas
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The International Monetary Fund (IMF) says the Canadian economy appears to have achieved a “soft landing” when it comes to taming inflation. A so called “soft landing” refers to a situation where elevated interest rates lower inflation without causing an economy to fall into recession.Central banks around the world have been trying to orchestrate a soft landing for their respective economies ever since inflation spiked coming out of the Covid-19 pandemic. The latest inflation reading in Canada for June showed that consumer prices rose an annualized 2.7%, which is within the 1% to 3…