Canada Inflation Rate

• Ottawa faces pressure to help struggling Canadians as inflation eases

  The Bank of Canada has said persistently strong wage growth will make getting back to the two per cent inflation target difficult.

  Canada

  Mar 17
  
• Inflation is expected to drop significantly in Canada this year. What to know

  Looking ahead, the Bank of Canada is forecasting inflation will fall to about three per cent by mid-year and back down to two per cent in 2024.

  Economy

  Feb 24
  
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• Inflation keeps cooling. Does that mean we’re done with interest rate hikes?

  Statistics Canada says the inflation rate in January cooled to 5.9 per cent despite Canadians paying higher gas and grocery prices.

  Economy

  Feb 21
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• 1 in 4 Canadians can’t afford $500 unforeseen expense as inflation bites: report

  New data by Statistics Canada showed that one-third of the population found it hard to make ends meet over the past year as inflation hit a 40-year peak.

  Canada

  Feb 14
• Mother of 2 living in downtown Toronto on rising inflation: ‘I’m struggling a lot’

  A Toronto single mother of two says her family lives in a small one-bedroom apartment in the city's downtown core, and is struggling to make ends meet as prices skyrocket.

  Canada

  Jan 24
• ‘Have to try new things’: How Canada’s food courts are emerging from the pandemic

  Food court sales are below pre-pandemic levels but have not completely withered because buildings in prominent locations are starting to draw people once more, one expert said.

  Canada

  Jan 22
• How to balance social expectations and your budget amid inflation: ‘It’s OK to say no’

  Experts say being honest, setting clear boundaries with people, and coming up with budget goals can help generate the confidence needed to turn down invites.

  Money

  Jan 19
• Budgeting ‘out the window’: How inflation is putting the squeeze on a B.C. single mom

  In the latest instalment of our six-week series 'Out of Pocket,' a B.C. single mom explains how surging inflation means making tough choices, and feeling like she can't get ahead.

  Consumer

  Jan 17
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• ‘Minding pennies’: High inflation is having big impact on a N.S. business owner

  In the start to the six-week series Out of Pocket, a Halifax entrepreneur says starting a business amidst a pandemic and rising inflation has made life extra challenging for her.

  Money

  Jan 10
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• Inflation has ‘squeezed’ Canadian wallets dry. What happened?

  Inflation has left Canadians feeling 'squeezed' after prices accelerated at rates not seen in decades last year, economists say. How did we get here?

  Money

  Jan 10