🇨🇦 CANADA INFLATION UPDATE
• CPI: 2.36% YoY — right on target
• Money Supply (M3): +4.77% YoY — slightly below Hanke’s “Golden Growth Rate” (~6–8%)
💡 Key takeaway: Inflation = Money Supply. Canada’s moderate M3 growth supports stable prices, keeping the economy on track with its 1–3% inflation target.