this post was submitted on 15 Aug 2023
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Is the Canadian inflation rate really back at 2.8% ? (self.canadapolitics)
submitted 2 years ago by kiwiheretic to c/canadapolitics
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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.

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[–] [email protected] 1 points 2 years ago

Not yet, no. I've heard from people who seem like they should know about such things that it should be expected soon.