CANADIAN INFLATION OCTOBER 2023- Is It Time To Panic?

Saskatchewan Real Estate Podcast

Oct 16 2023 • 29 mins

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! / @ucweswtgadxxjfm90nrl5xpg 00:00 Intro 02:50 Inflation Rates in Canada 09:10 Why is current inflation concerning 16:30 What are the potential outcomes 22:15 Saskatchewan positioned to thrive To connect with Ron and get started on a no-fee pre approval simply answer this simple questionnaire to get started! https://meetwithron.ca/ - Want to learn more about buying or investing in Saskatchewan Real Estate? Check out Ron Quaroni’s new website for all the information you need! https://ronqmortgage.ca/ - To learn more about Saskatchewan Real Estate follow our social channels. Facebook https://www.facebook.com/RonQuaroni Instagram https://www.instagram.com/ronquaroni_... Linkedin https://www.linkedin.com/in/ronald-qu... Tik Tok https://www.tiktok.com/@thegoodbroker Disclaimer The information in the video is for demonstrative purposes only. It does not take into account the specific objectives, circumstances and individual needs of the viewer. Its purpose is educational and should be relied upon in that regard. The information is believed to be reliable, but its accuracy, completeness and currency cannot be guaranteed. The authors and sources and any other party identified in the video do not assume any liability of any kind in connection with the information provided.