While we’re still struggling with inflation, there’s more good news on the horizon, from no less of a source than the Bank of Canada (October 26, 22 Monetary Policy Report):
“While inflation has come off its peak, it remains too high. As the economy responds to higher interest rates and as the effects of elevated commodity prices and supply disruptions fade, the Bank expects inflation to fall to about 3% in late 2023, then return to 2% in 2024.
Now is a good time to start detailed cash flow planning for the next couple of years.
Let’s talk: