Another $7,000 Can Be Added In January. | Page 2 | Tax Free Savings Accounts | Discussion forum

Economies need a little inflation. 2.7% is ok. Either a high or zero COLA would be bad but that's not the case.

Wages went up 2.3% for the 12 months ending in September. That's both unusual and unfortunate. Falling purchasing power of working households is a problem; under normal circumstances inflation would be circa 2% and a little less than the wage growth. So, CPP is doing better than salaries.