Government Protects Home Owners

Market Update:The latest consumer price index report released by Statistics Canada on Tuesday, April 19th, revealed that inflation in Canada has dropped to 4.3% in March, a decrease from 5.2% in February. Higher mortgage interest costs were offset by lower energy prices, resulting in the easing of the headline rate. However, the country's annual inflation rate is mostly tracking along the Bank of Canada's forecast of reaching 3% by mid-year. The central bank's preferred measures of core...