2.00BMarket Cap-9211P/E (TTM)
3.420High3.320Low1.68MVolume3.330Open3.310Pre Close5.68MTurnover7.82052wk High0.33%Turnover Ratio590.17MShares3.02052wk Low-0.368EPS TTM1.75BFloat Cap150.300Historical HighLossP/E (Static)515.95MShs Float0.751Historical Low-0.299EPS LYR3.02%Amplitude--Dividend TTM1.98P/B1Lot Size--Div YieldTTM
SoundOfMusic : Shelter inflation of 6.4% is an outsized component in the Canadian CPI. The shelter inflation is a reflection of the rising mortgage interest payment when fixed rate mortgages are renewed.
So when the BoC rate comes down, which will drop the fixed mortgage rate, in turn, it will lessen the mortgage interest expense increase when fixed mortgages are renewal. This will lower the shelter cost and thus lower the CPI.
Lower the BoC rate will lower the CPI!
Do we have a magic formula to lower inflation in Canada!!!