Why are Canadian interest rates stuck? On this Make Money Count episode, Marcus & Justin break down the latest CPI numbers and explain why the Bank of Canada isn't cutting rates soon – and what it means for your wallet.

We cover:

  • Stubborn Core Inflation: Even with overall CPI cooling, core inflation is still too high.
  • The Tariff Impact: How tariffs are driving up prices on everything from groceries to clothing.
  • Stagflation Warning: What stagflation (inflation without growth) means for Canada's economy.
  • No Quick Fixes: Why you shouldn't expect significant rate cuts or a housing market boom anytime soon.

Get the real scoop on why rates are stuck and what to expect for 2025 and beyond!