Statistics Canada reported last month that the inflation rate dropped to 2.7% from 2.9% in May. With the next Bank of Canada interest rate decision coming Wednesday, we spoke with Allan Small, senior investment advisor of the Allan Small Investment Group with iA Private Wealth.
Check out the video above where we discuss with Small the impact of the inflation rate, the potential for an interest rate cut and the likelihood of continued cuts as the central bank targets a 2 per cent inflation rate.
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