TSX Hits New All-Time High; Inflation Meets the Target
Canada’s stock market just hit a new all-time high as inflation finally moved in the right direction. But beneath the headline numbers, grocery prices are surging and consumers are feeling squeezed. Here’s what this week’s data really means for investors.
🇨🇦 The Cost of Living Is Rising Slower… But Your Savings Rate Might Drop
Canada’s cost of living is rising more slowly, but your savings returns could drop. Inflation eased to 1.9% in August while the Bank of Canada cut rates to 2.5%. Here’s how it impacts mortgages, savings accounts, and your next money move.