Canada’s inflation rate continued to ease in December, despite upward pressure from rising rents and mortgage interest costs. The Consumer Price Index eased to an annual growth rate of 6.3% last month, thanks largely to a decline in gas prices. That’s down from 6.8% in November and what now appears to be the peak of 8.1% in June. For the full year, consumer prices rose by 6.8%—the highest rate of price growth in Canada since 1982. “The good news is […] 

Canada’s inflation rate continued to ease in December, despite upward pressure from rising rents and mortgage interest costs. The Consumer Price Index eased to an annual growth rate of 6.3% last month, thanks largely to a decline in gas prices. That’s down from 6.8% in November and what now appears to be the peak of 8.1% in June. For the full year, consumer prices rose by 6.8%—the highest rate of price growth in Canada since 1982. “The good news is  Mortgage Rates & Mortgage Broker News in Canada