Inflation
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Canadian businesses have ‘cushion’ to absorb costs, limit inflation: reportThe report suggests many wholesale and retailers have created a "cushion" with profit margins allowing them to absorb more cost before passing it to consumers.CanadaNov 10
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Red hot U.S. inflation reading dials up interest rate worries on marketsU.S. stocks were under pressure Tuesday after a report showed inflation was worse across the country last month than economists expected.U.S. NewsNov 10
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Toronto’s child hunger rates nearly double as city sees 4.1M food bank visits: reportThe Toronto resident is often looking for milk, eggs and vegetables such as potatoes or carrots, to make sure his children get the nutrition they need.CanadaNov 3
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How the latest interest rate hike could affect everyday CanadiansWhile Wednesday's hike is less significant than those that followed the pandemic, experts say people who are already struggling to make ends meet will feel the burden first.EconomyOct 28
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Gas prices drove inflation up to 3.1% in September, says StatCanThe annual pace of inflation rose to 3.1 per cent in September as war in the Middle East continued to drive up gas prices, Statistics Canada said Monday.ConsumerOct 19
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Food prices may rise soon as diesel ‘shock’ bleeds through economy: reportCanadians could wind up with a bigger grocery bill in the coming months as a major price "shock" for diesel and crude oil works its way through supply chains, Scotiabank says.ConsumerOct 5
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Costco sees sales jump 11% and more customers eyeing ‘lower cost protein’Costco's latest quarterly earnings report, released late Thursday, showed a jump in sales from a year earlier as the company describes consumers looking to stretch their dollars.ConsumerSep 25
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Edmonton bagel shop pulls popular item from menu due to high beef pricesConcordia University food economics professor Moshe Lander says inflation has caused some foods to double in price in a generation, while income hasn't kept pace.ConsumerSep 24
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Ontario farmers looking for help amid record diesel costsFarmers say they have been struggling this year as the price of diesel skyrocketed after the Iran war disrupted oil supplies, with effects felt around the world.EconomySep 22
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Fighting inflation likely to be ‘painful,’ U.S. Fed official saysThe Fed generally fights inflation by raising interest rates to cool borrowing and spending. Historically, such rate hikes have often slowed growth and have even led to recessions.EconomySep 21
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