Canadian Inflation Rate Remains Low

Canadian Inflation Rate Remains LowFor the past two-and-a-half years, policy makers have sought to explain why Canada, a country with sound economic fundamentals and a rock-solid banking system, was pulled down by the global spread of the U.S. financial crisis.

As a new threat bubbles up in much of the world, though, there’s no need for excuses. The latest economic concern โ€“ rising inflation โ€“ has largely bypassed Canada. Read Full Article>>>

With little inflation pressure, the Bank of Canada is unlikely to raise interest rates much before this summer. This should facilitate a strong spring market, especially in Toronto — though prices and sales may level off later in the year.