The decline was mainly driven by lower gasoline and travel-related costs, offering a brief reprieve from the pressures of rising prices. However, despite this headline dip, core inflation indicators—those closely watched by the Bank of Canada—remained elevated, keeping the broader economic outlook uncertain.
CPI-median held steady at 2.9%, while CPI-trim edged slightly lower to 2.8%, both still well above the Bank of Canada’s target. This stickiness in core inflation signals that price pressures continue to persist across a range of consumer goods and services, even as overall inflation appears to be easing on the surface.
For investors and savers, this presents a dilemma. Traditional savings accounts or fixed-income investments may not offer sufficient returns to outpace inflation, especially if it remains stubbornly above target. That’s where alternative investments—like mortgage-backed opportunities—can provide a compelling hedge.
Enter Lendworth.
At Lendworth, we offer Canadians a smarter way to grow their capital. As a Mortgage Investment Corporation (MIC), we pool investor funds to lend against well-vetted real estate assets—primarily residential homes in Ontario—with attractive, secured returns. Our conservative loan-to-value approach helps preserve investor capital, even in uncertain economic environments.
Investing in Lendworth not only positions your capital in a vehicle that historically outpaces inflation, but also provides consistent income backed by tangible assets. In times when inflation is unpredictable and traditional investments falter, Lendworth remains focused on delivering stability, security, and steady growth.
Don’t let inflation erode your wealth. Consider investing with Lendworth and turn today’s uncertainty into tomorrow’s opportunity.
Reach out to our team to learn how you can start hedging inflation and earning consistent returns—backed by real estate.