Premiered on Nov 15, 2021
Canadians continue to worry about economic stability as prices soar. In the last episode, we discussed how serious this inflation is. Next we will analyze how much longer it could last. And what should we do about it? Please stay tuned for our special report.
On October 27th, the Bank of Canada released a statement saying:
“The main forces pushing up prices – higher energy prices and pandemic-related supply bottlenecks – now appear to be stronger and more persistent than expected.”
“The Bank now expects CPI inflation to be elevated into next year, and ease back to around the 2 per cent target by late 2022.”