Birdwatch Note Rating
2023-10-17 06:09:22 UTC - HELPFUL
Rated by Participant: 64FA1CD6B0768271D093FF6D5C11BECF0F88435A1CB9F549EA3BA6E3EA1A37B4
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