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Old 07-10-2007, 12:31 PM   #8
Bobblehead
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Quote:
Originally Posted by jolinar of malkshor View Post
So you know more than the Bank of Canada?
Or is it the 7%-8% that McG is taking exception to?

This 1/4% rise was expected as the inflation rate has been steadily creeping up for a couple of years (link)

The BoC aims for 2% inflation, and the past year it has been over that with inflationary pressure still in place.
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