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Podcast: Saskatchewan Real Estate Podcast
Episode: CANADIAN INFLATION OCTOBER 2023- Is It Time To Panic?
Description: CANADIAN INFLATION OCTOBER 2023- Is it time to panic?
The annual inflation rate in Canada rose to 4% in August of 2023 from 3.3% in the previous month, overshooting market expectations of 3.8%. It marked the second consecutive acceleration in Canadian consumer prices since hitting the two-year-low of 2.8% in June.
Michael Hernik joins the SK Real Estate Podcast this week to share his thoughts on Canadian Inflation!
To stay up to date with Michael's takes makes sure to check out and subsribe to his Youtube channel!
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00:00 Intro
02:50 Inflation Rates in Canada
09:10 Why is current inflation concerning
16:30 What are the potential outcom...