Post by TheBridgeon Oct 15, 2024 10:51am
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Post# 36266314
Another Positive Trend
Another Positive TrendStatistics Canada reported today that the inflation rate in Canada dropped to 1.6%, the lowest since September 2021 and the dropped was more than projected. Bad day on the markets today with oil taking a beating on expected drop in future demand. Bank of Canada rate could be dropping by 0.5% at the next announcement. Should be a positive in relation to Doman's business.