Inflation is cooling. The cost of living crisis is not

Inflation is decelerating, which should give the Bank of Canada enough wiggle room to pause interest rate hikes. But there's a big difference between things not getting worse and things getting better.

Inflation is cooling. The cost of living crisis is not
A closeup of a cash register drawer shows rows of bills and coins.

Inflation is decelerating, which should give the Bank of Canada enough wiggle room to pause interest rate hikes. But there's a big difference between things not getting worse and things getting better.