It's been quite a long (and expensive!) journey, but the latest numbers show that the inflation rate in Canada has finally fallen to the Bank of Canada's "target rate" for the first time in more than three years. So does that mean all our troubles are over? Why is two percent the ideal target for the BoC? And what does this data tell us about the economy we'll be living in for the next several months? GUEST: Mike Eppel, 680 News Sr. Business Editor

In This Economy?!

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Inflation is back to 2%. So the economy is fixed now, right?

SEP 19, 202411 MIN
In This Economy?!

Inflation is back to 2%. So the economy is fixed now, right?

SEP 19, 202411 MIN

Description

It's been quite a long (and expensive!) journey, but the latest numbers show that the inflation rate in Canada has finally fallen to the Bank of Canada's "target rate" for the first time in more than three years. So does that mean all our troubles are over? Why is two percent the ideal target for the BoC? And what does this data tell us about the economy we'll be living in for the next several months?

GUEST: Mike Eppel, 680 News Sr. Business Editor

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