S8 E01: Interest Rates, Inflation, and I

When it comes to interest rates and inflation in Canada, what is their significance? What are the driving forces causing their fluctuation? And why should you care? We dive into the complexities of interest rates and inflation, exploring their impact on employment, wages, immigration, and mortgages. 

Join David-Alexandre Brassard, CPA Canada’s chief economist since July 2021, in a discussion on interest rates and inflation and their influence on employment and financial planning. Learn more about how to navigate economic forces and ensure your financial stability amidst changing market conditions. 

Key Takeaways: 

• Learn the driving force behind current inflation numbers 
• Is it worth taking a new job during times of economic uncertainty? 
• Learn how your mortgage is affected by inflation – and what you can do about it 
• Learn why Canadian’s spending habits haven’t changed with inflation. 

Resources: 

• Economic optimism climbing despite recession expected this year: CPA Canada Business Monitor (Q2 2023) 
• Debt and inflation data

Download transcript 

This season is proudly brought to you by Pivot Magazine.  

The views expressed by our guests are theirs alone and not necessarily the views of CPA Canada. This is a recorded Podcast. The information presented is current as of the date of recording. New and changing government legislations and programs may have come into effect since the recording date. Please seek additional professional advice or information before acting on any podcast information.