Canada’s inflation rate decelerated to 3.4 per cent in the year up to May, Statistics Canada said Tuesday, led by sharply lower gasoline prices. But beneath the headline slowdown in consumer prices, many facets of the cost of living are still increasing at an eye-watering pace. Grocery prices went up at an almost nine per cent pace.

  • BedSharkPal@kbin.social
    4·
    1 year ago

    Lowering rates was the start of the housing market taking off though. And if you think you have it bad, imagine those rates but on twice the mortgage. RIP first time home buyers.