CPI up 4.1% in August compared to last year. Highest since 2003. Excluding food/energy (which are highly volatile), prices up 3%. #cdnecon
Important to remember, though, that much of the higher inflation we've seen in recent months is in part due to drops during COVID and prices returning to trend today means above-average inflation since last year's levels are lower.
Here's an illustration of that.
Also important to remember that the central bank looks to several measures to understand inflation pressures. Here are three of their main metrics. One exceeds the target range, the two others still don't.
In total, Canada is now up to 28.2 million shots given -- which is 89.9% of the total 31.4 million doses available. Over the past 7 days, 2,546,940 doses have been delivered to provinces.
And so far 4.0 million are fully vaccinated with two shots.
The latest estimates of vaccinations by age:
- Those 60+: 89.8% have at least one dose and 26.5% have two
- 18-59: it's 68.7% and 8.7%
- Adults: 75.1% and 14.1%
Note: data comes with a 6-13 day lag; these are my own estimates
- Those 60+: 89.4% have at least one dose and 21.0% have two
- 18-59: it's 67.0% and 9.0%
- Adults: 73.8% and 12.7%
Note: data comes with a 6-13 day lag; these are my own estimates
In total, Canada is now up to 27.7 million shots given -- which is 90.4% of the total 30.7 million doses available. Over the past 7 days, 1,925,050 doses have been delivered to provinces.
And so far 3.7 million are fully vaccinated with two shots.
- Those 60+: 89.4% have at least one dose and 19.4% have two
- 18-59: it's 66.6% and 8.3%
- Adults: 73.6% and 11.7%
Note: data comes with a 6-13 day lag; these are my own estimates
In total, Canada is now up to 27.3 million shots given -- which is 90.0% of the total 30.3 million doses available. Over the past 7 days, 2,141,010 doses have been delivered to provinces.
And so far 3.4 million are fully vaccinated with two shots.
-Everyone: 57.3% have at least one dose and 13.4% have two
-Age 12+: 67.2% and 15.7%
-Age 20+: 68% and 17.3%
Stage 2 target: 60% of 12+ w/ 1+ doses (achieved!)
Stage 3 target: 70% of 12+ w/ 1+ doses
And here's the pace of Alberta's vaccination over time. Today's rate of 34,636 compares to an average of 45,155 over the past week. And today, 9,708 were first doses and 24,928 were second.
Going forward, Alberta will remove all provincial public health restrictions two weeks after 70% of those age 12+ have at least one dose.
At its current pace, that share is reached on June 15 so full re-opening would occur on June 29.