Canada's Inflation Drops to 1.9% – Bank of Canada Eyes 2% Target Change?

#canadianinflation #bankofcanada #canadianeconomy

Canada’s inflation rate just dropped to 1.9%, the day after Bank of Canada Governor Tiff Macklem has hinted that we may need to rethink the 2% inflation target.

Speech by Governor Tiff Macklem / Discours du gouverneur Tiff Macklem:

Giving the Bank of Canada Children's Finance Books for Christmas:

Lessons for the future:

Consumer Price Index, November 2024:

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Canada's inflation rate ticks down to 1.9% in November:

Canada's inflation rate cools more than expected:

Canada government adrift after finance minister resigns, Trump tariffs loom:

Rewired, recast and redirected: Global trade and implications for Canada:

Adjusting to higher interest rates:

Tiff Macklem defends Bank of Canada's two per cent inflation target:

The 2% Inflation Target Regime Should Now Be Retired:

Low inflation targeting is such a dubious idea. Why did the Reserve Bank adopt it in the first place?:

The Fed Is Stuck Fighting the Last War:

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[InfraredVision]

Got it down to 1.9% for a month boys.... Time to get it at 19.7% for the next 10 years and call it even.

[ginomazzarello]

After watching, I am now confident that Tiff M is ready for his grade 9, economics 101 exam. Canada is in good hands, Tiff, JT, Jagmeet. Thanks Mark for confirming!

[mvenkatesh]

2:35 "So throw in a dress, book yourself a trip out of the country and you are all set"
Explains why Vancouver International Airport and AirCanada are the sponsors behind Macklem :D

Thanks for the chuckles Mark !!

[datruth]

The children's book that turned a nation on its head!

[mujeebmufti]

This is comedy gold! Brilliant work as always

[craigs]

Tiff: "....restore financial stability and support the economy during the pandemic". Didn't realize he was doing stand-up comedy.

Thanks for putting this together Mark.

[strigiformsW]

You're wit reached a new level in this video. I dream of a day when we get rid of the bilingual requirements, our country really is corrupt and stupid.

[andrewillomitzer]

I almost spit out my drink laughing at 5:28 with the 2 kids LOL

[Casey-qmnd]

Keep it up Mark. Always great. Thank you.

[wewons]

Another great vid. Hope you are doing well! Vids on point as usual.

[devstatingx]

The whole bilingual requirement really limits the talent pool.

[ladyk]

Yes there is inflation on the 2% inflation target as well 😌

[ianfleming]

It is a real quandry, thank god the government is available to do the heavy lifting and spending.
Send your kid to school with an apple, orange or banana or have the government feed them. Canadians dislike inflation but they fail to understand it.

[tz]

Thanks Mark for covering the speech, before you know it, 3%, 4% then 5%😂 like the amortization extensions 🎉🎉
PS... you are too good for those book-cooking folks 😊

[sfbruner]

Comedy gold. Love you channel Mark. Keep it up.

[alwaysthinking]

I was at the board of trade lunch... his speech was very calculated. and said they have a lot of work to do with regards to gather different information sets to help better understand the economy.

[AjayManoharK]

I usually don't comment, just consume. But this was the funniest. Especially the part where you turned down the offer from Tiff.

[petervanhaeften]

Mark your show is getting better and better

[Stormshfter]

The fall economic statement also said the CRA will finally have the mortgage fraud tool in place by early 2025.
The playing field will finally be leveled.

[Enunciate]

Hi Mark. Where do you get your inflation data? I really like that one showing what actually increased and what decreased. Thank you and keep up the great work.