𝐃𝐢𝐝 𝐲𝐨𝐮 𝐤𝐧𝐨𝐰? Core inflation is still hovering 𝐧𝐞𝐚𝐫 𝐭𝐡𝐞 𝐭𝐨𝐩 of the Bank of Canada's 1–3% target. That means interest rates might stay 𝐡𝐢𝐠𝐡𝐞𝐫 𝐟𝐨𝐫 𝐥𝐨𝐧𝐠𝐞𝐫 than anyone hoped.

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📉 Inflation cools to 1.7% in April — the second-lowest monthly rate since 2021!

Thanks to falling gas prices, borrowers are seeing some relief as inflation eases. This could impact future interest rate moves, making it a key trend to watch in the months ahead.

Stay informed and prepared with Cashin Mortgages.

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Inflation in Canada very different in Jan 2023 VS Jan 2024.

Shelter inflation remains stubbornly high, while other items have come down considerably.

#canada #inflation #inflationcanada