Birdwatch Note Rating
2023-10-17 06:35:02 UTC - HELPFUL
Rated by Participant: F9F239B5C26CD5184EB74F3A20395EFA3C31AC3E0A681A175ACD7431E5AB9690
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