Is The Bank Of Canada Going To Raise Rates Again?
The Canadian Real Estate Investor
00:00
The Importance of Price Elasticity in Canada
Inflation rate unexpectedly increased in April jumping to 4.4%. This is an increase from marches 4.3% annual pace. It's the first acceleration in the cost of living since June of 2022 when Canada's inflation rate hit more than a 40 year high of 8.1%. Yeah, you see the things like cost of goes up and then followed by gasoline rent and mortgages. Those are just things that like no matter who you are in this country, you're affected by one, two, likely possibly three of those things all at once.
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