Growth is getting better, not worse
50%
0%
40%
30%
20%
10%
2023
Share of CPI Basket >4% Y/Y
Source: Statistics Canada, TD Securities
80%
80%
2015-19 Average
2024
2022
2021
2020
2019
2024
2023
60%
70%
Share of CPI Basket >4% Y/Y
2015-19 Average
2022
2021
2020
2019
60%
70%