Canada Inflation

• Canada’s inflation rate rose to 2 per cent in October

  Canada’s inflation rate rose to two per cent in October, up from the 1.6 per cent for September, Statistics Canada said on Tuesday morning.

  Canada

  Nov 19
  
• Okanagan real estate takes step towards balance after Bank of Canada’s interest rate cut

  As anticipated, rates are being slashed by half of a percentage from 4.25 per cent to 3.75 per cent.

  Canada

  Oct 23
  
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• After February’s inflation report, economists are firming up their rate cut bets

  The 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.

  Canada

  Mar 19
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• Return to 2% inflation rate could be a bumpy one. Here’s why

  Economists 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.

  Economy

  Mar 18
• Insolvencies to remain high in Canada as economy plays catch-up: experts

  Business insolvencies will likely remain elevated throughout 2024, experts said, as the economy plays catch-up after historically low levels during the pandemic. 

  Money

  Mar 11
• Is retirement realistic for millennials? Why they say they need to save more

  BMO'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.

  Money

  Feb 7
• ‘Unsettling news’: What inflation’s uptick means for the Bank of Canada

  Inflation 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.

  Economy

  Jan 16
• Food inflation is cooling. But expect to feel a ‘pinch’ for holiday dinners

  Canada'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.

  Canada

  Dec 19, 2023
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• Inflation cools to 3.8% in September. What that means for the Bank of Canada

  Canadians saw a 'broad-based' cooling in inflation in September, thanks in part to an easing in price acceleration at the grocery store.

  Canada

  Oct 17, 2023
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• Montreal food bank turning people away for the first time in 37 years

  For 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.

  Canada

  Oct 5, 2023