text: Inflation at 1.7%? As Mark Twain said there are 3 types of lies: 1- lies, 2- damn lies and 3- statistics. No way inflation is at 1.7% with housing up hundreds of thousands in the past two years, since Poloz's 'surprise' rate cut in 2015 - for no good reason. Poloz should stop checking his indexed defined benefit pension plan statements and do something useful like signalling a small rate increase asap.