Looking at gas and grocery prices, it might be hard to believe inflation is anywhere close to stopping, but economists see some promising signs. Whether it has peaked yet or not, however, the real test will be if the inflation rate recedes or stabilizes at five percent or higher.
How did we end up with this spike in the first place? What has (and hasn't) been done by Canada's federal government to control them? What should you watch for in the next couple of months, and how can you prepare for whatever comes next?
GUEST: Pedro Antunes, Chief Economist, The Conference Board of Canada