Markets are up modestly in the U.S. but down modestly in Toronto. Oil is at $42.
AutoCanada is down 5.2% on its earnings to $18.14. I’d be tempted to buy at that price.
Statistics Canada reported today that core consumer prices rose 1.9% in the past year. Overall consumer prices before adjustments were up 1.4%. Grocery prices rose 4.4% with fruits and vegetables being a major contributor to that (they rose more but a number was not given in the press release). The rise in core inflation is almost exactly at the Bank of Canada’s target of 2.0%.