Inflation 2024 Canada Fires. During the summer of 2024, a large number of wildfires burned across canada, primarily the western part of the country. The annual inflation rate in canada fell to 1.6% in september of 2024 from 2% in the previous month, the lowest since february of 2021, and well below the market consensus of 1.9%.
Bank of canada says inflation will fade into background as it settles at 2%. With hundreds of wildfires burning across canada amid a period of extreme heat for multiple regions, how does the season in 2024 rank when looking at the historical and.
