Canada Inflation
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After February’s inflation report, economists are firming up their rate cut betsThe annual rate of inflation cooled to 2.8 per cent in February despite rising gas prices, thanks in part to cooling at the grocery store, StatCan said.CanadaMar 19
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Return to 2% inflation rate could be a bumpy one. Here’s whyEconomists say inflation likely flared up again in February amid higher gasoline prices, reinforcing the expectation that the journey back to 2% inflation will be a bumpy one.EconomyMar 18
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Insolvencies to remain high in Canada as economy plays catch-up: expertsBusiness insolvencies will likely remain elevated throughout 2024, experts said, as the economy plays catch-up after historically low levels during the pandemic.MoneyMar 11
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Is retirement realistic for millennials? Why they say they need to save moreBMO's annual retirement survey, released Wednesday, found Canadians ages 28 to 44 believe they will need about $2.1 million to retire, the highest among all adult generations.MoneyFeb 7
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‘Unsettling news’: What inflation’s uptick means for the Bank of CanadaInflation came in a bit higher to end 2023, Statistics Canada said Tuesday. Here's what economists say was behind the uptick and what it means for interest rates.EconomyJan 16
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Food inflation is cooling. But expect to feel a ‘pinch’ for holiday dinnersCanada's annual inflation rate held steady at 3.1 per cent in November despite price pressure easing at the grocery store and drops in the cost of fuel oil, Statistics Canada says.CanadaDec 19, 2023
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Inflation cools to 3.8% in September. What that means for the Bank of CanadaCanadians saw a 'broad-based' cooling in inflation in September, thanks in part to an easing in price acceleration at the grocery store.CanadaOct 17, 2023
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Montreal food bank turning people away for the first time in 37 yearsFor the first time in 37 years, the Depot Community Food Centre says it has had to turn people away. It is struggling to keep up with soaring demand.CanadaOct 5, 2023
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Cost, not nutrition, now top concern for growing number of shoppers: reportAlmost half of Canadians are increasingly focusing on price instead of nutritional value when they go to the grocery store as food inflation remains sticky, new polling shows.MoneyOct 4, 2023
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Inflation just took a ‘significant step away’ from the Bank of Canada’s 2% goalAugust's consumer price index figures mark the second consecutive month inflation has accelerated in Canada, even as grocery prices saw some relief.CanadaSep 19, 2023
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