Every month, Bay Street economists play a game of economic bingo, and this month, they had their dabbers ready for a 4.0% inflation print. Instead, StatsCan pleasantly surprised us with 'just' 3.8%. Almost all of Canada's economist herd is now moving in the same

The cat's out of the bag. All the monetary tightening to date may not be enough—not if today's stunning job growth is any indication. But don't worry, "just sit tight," central banks advise us. "Monetary policy takes time" — like

For weeks, we've been a Debbie Downer—warning that today's inflation report promised more frights than a Stephen King novel. And man, did StatsCan deliver a shocker. Year-over-year inflation comparables and rocketing oil prices set us up for a doozy. But these numbers aren’t just

Getting inflation down is like wrestling a greased pig. Sometimes, it gets away from you for a while. This fall will be one of those times. Getting headline inflation back in the twos won't come easy. If you want to understand how challenging the Bank of Canada'