Awaiting Interest Rate Statement
Interest rate drops, in October 2008, kept dropping to save the economy from a great catastrophe.
Interest rate drops, in October 2008, kept dropping to save the economy from a great catastrophe.
Yikes, now that is real inflation, with the CPI being announced at 3.5% for August 2007-08, and my first reaction is “yikes“. Gasoline prices rose 26.3% in August compared with the same month a year… Read More »Inflation at 3.5% for August 2008
Yes, Stats Canada asks the interesting question, “Is it possible to have the rate of folks employed stay the same, but the rate of unemployed folks increase?”, the answer this month is “Yes”. How? Read… Read More »Employment the Same but Unemployment Up?
The Royal Bank published a report effectively saying, “Relax, it’s only a bump in the economy“, with a forecast that things economically will not be as bad as first predicted. The full economic report by… Read More »Economic Optimism
That is what Stats Canada says, which is not surprising, but the fact that it was only 2.2% amazes me a little. In 2006 the CPI was 2.0% so this is not a large jump… Read More »Last Year’s Inflation Officially 2.2%