Artis Real Estate Investment Pref Shs Series E T.AX.PR.E

CANADA INFLATION

[garyreins]

How can they possibly get it lower when mortgage/rent and gas are making it higher and this stuff is not even sensitive to rates or causing it to go higher (mortgage?)

seems like trying to "put" it from 3ish to 2ish is just not going to happen here or south of the border...its just not going to go IN THE HOLE.

I mean I dont get it at this point.  what exact number  is the BOC looking at?

strip away gas/mortgage/rent and its mid 2's there target

[Torontojay]

Canada's economy is struggling compared to the US. Inflation should trend higher after April with the carbon tax adding to the price of everything. Don't worry, you will hear Tiff say, "if we remove the carbon tax, inflation is actually at 2%." No duh!!! 

[garyreins]

Correct its going to bounce between 2.5 and 3.5 indefinitely.  like you said no way its magically falling to < 2.5% without some serious ecomic damage

[Frankie10]

After today, my base case is Tiff comes out dovish and signals future cuts on the horizon. Canada is hurting and the cracks are starting to show. Just my thoughts. 

[Panic54321]

Frankie you are correct... --for those of us that live in the real world, there is definitely a big slowdown in people spending habits and debt. worries.    -- Fair enough that oil prices in March probably drive up inflation not to mention the high mortgage cost and increasing rents.   ( but all of that also stops people from spending as much on other things because those

[Torontojay]

The jury is still out on the US. By my standards, Canada is in a recession.  Monetary policy takes a lot longer in the current market cycle because the economy is not as interest rate sensitive as in the past. For instance, the cyclical industries that are interest rate sensitive represent a less percentage of gdp than ever before. Recessions tend to happen after they cut interest