Birdwatch Note Rating
2023-10-17 11:49:35 UTC - HELPFUL
Rated by Participant: 543D064DCD3E973E779C98641C8D6477D2620D9408188C846200BFA200A87DCB
Participant Details
Original Note:
Inflation (measured by Total-CPI) remains at just under 4%. https://www.bankofcanada.ca/rates/price-indexes/cpi/ The policy interest rate is now 5% and has not changed since July 12th. https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/ The federal deficit is expected to hit $46.5B in 2023, slightly higher than the budget of $38.7B, because of borrowing costs. https://www.cbc.ca/news/politics/economy-stagnate-pbo-1.6995718
All Note Details