Canadian Inflation Pressure Is Broadening Across Categories As It Hits 3 Decade High

Canadian inflation didn’t hear your transitory call apparently — it’s widening to other categories. Statistics Canada (Stat Can) data shows the consumer price index (CPI) soared in January. The annual growth rate reached 5.1% for the month, advancing from 4.8% a month before. Canada’s inflation hasn’t grown this fast since September 1991, three decades ago. […]

Canadian Building Construction Investment Is Rising, But It’s Entirely Due To Inflation

Canadian investment in building construction is soaring. Typically the leading indicator would mean a robust real estate market is coming. That may not be the case this time, according to Statistics Canada (Stat Can) data. Once the agency adjusts for inflation, investment in building construction contracts. The entire increase for investment (and then some) have […]