As a foreigner who follows the Canadian news I saw on https://www.ctvnews.ca/business/economists-expect-rise-in-inflation-as-price-growth-fight-enters-new-phase-1.6517322 that the Canadian inflation rate is 2.8% which surprised me as in our country it is around 7%.
If so then how did Trudeau do it? How did he soak up all the money he printed during Covid?
Does that mean that housing and cost of living pressure has also been eased?
Would like to know your thoughts.
It’s up to 3.3% overall. It would have jumped higher, except gas prices fell further last summer.
Grocery inflation is still high:
Mortgage costs remain high, due to rising interest rates:
Rent also increased: