In Canada Inflation seems to have surrendered, the latest CPI report came in slightly lower than expectations & although Food inflation is still his many other components of the CPI basket continue to decelerate. But what does it mean for mortgage rates? Just the continual reinforcement of TAKE VARIABLE. The Bank of Canada is once again set up for a cut on January 29th as the Canadian economy continues to stumble. But what about the CURRENCY!! Yeah, it takes a hit, we may end up with a 65 or 66 cent dollar, which is lousy for imported goods & US Travel. But maybe it’s the only option
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