Ann: Oversubscribed Placement Raises $16.5M at 30% Premium, page-144

more good news out of Canada,

Canada Inflation Rate Unexpectedly HoldsCanada Inflation RateThe annual inflation rate in Canada was at 3.1% in November of 2023, remaining unchanged from the previous month and firmly above market expectations of 2.9%. The result was loosely aligned with the Bank of Canada’s signal that headline inflation is expected to remain stubbornly elevated, close to the 3.5% mark through the middle of next year, and backing policymakers' warnings that another rate hike may still be necessary to combat unsustainable price growth. Elevated inflation was attributed to higher mortgage interest costs (29.8%) amid the central bank’s aggressive tightening cycle, although shelter prices as a whole decelerated (5.9% vs 6.1% in October). Also, deflation slowed for transportation (-0.2% vs -0.4%) due to the lower drop in gasoline costs. In the meantime, consumer prices rose at a faster pace for recreation, education, and reading (3.8% vs 2.9%) and rebounded for clothing and footwear (0.6% vs -0.5%). On the other hand, inflation slowed for food (5% vs 5.6%).