Inflation is back to 2%. So the economy is fixed now, right? | The Big Story

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It's been quite a long (and expensive!) journey, but the latest numbers show that the inflation rate in Canada has finally fallen to the Bank of Canada's "target rate" for the first time in more than three years. So does that mean all our troubles are over? Why is two percent the ideal target for the BoC? And what does this data tell us about the economy we'll be living in for the next several months?
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The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future

whitefearlytales
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We accept that 2% is normal, good, etc. The idea your dollar becomes 2% devalued a year is ridiculous.

ZenCorvus
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inflation has cumulatively brought my bottle of ‘ $8 -$10- budget” olive oil to $15 .. then it increases by 2% = $15.30, it’s still way over priced ?, like most other things?
also, my belief is interest rates will ‘coincidently ‘ be at the lowest point at exactly when the election is occurring . If I could renew my mortgage, I would wait till then .

donatospoony