Tag: variable rates
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Benchmark Mortgages > variable rates
A Surprising Surge in Canadian Inflation
Defying anticipation, the Canadian headline inflation accelerated at an annual pace of 4.4% in April, besting predictions of a 4.1% figure. As this news only came to light after the last Bank of Canada announcement (which occured on April 12, 2023), we explore their recent response on today’s June 7th press release from Ottawa, Ontario.
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