Inflation
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Gas prices surge in some parts of Canada. What’s causing pain at the pumps?Gas prices were up as much as 22 cents in some parts of Canada on Thursday. Here's where motorists were feeling the most pinch at the pumps, and why.Money9 hours
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Inflation ticked higher in March. Are Bank of Canada rate cuts still in the cards?Statistics Canada reported that the overall inflation in the country was 2.9 per cent year-over-year in March, up from 2.8 per cent the previous month.EconomyApr 16
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Canadians’ wages took major hit in 2022 amid high inflation rates: StatCanStatistics Canada says inflation took an "outsized bite out of real annual wages, salaries and commissions" reported by tax-filers in 2022.CanadaApr 12
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U.S inflation rises in March, could ‘undermine’ Fed’s confidence for rate cutsU.S. consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday.U.S. NewsApr 10
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Bank of Canada holds key rate, but signals June cut in ‘realm of possibilities’The Bank of Canada maintained its key interest rate at five per cent on Wednesday amid recent declines in the annual rate of inflation.EconomyApr 10
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Spring housing market looms over the Bank of Canada’s rate decision. Here’s whyThe Bank of Canada itself has warned a hot spring housing market could 'stoke' inflation. Here's what economist say those fears mean for the central bank's rate decision Wednesday.EconomyApr 9
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Canadian consumers and businesses pin hopes on lower interest rates: BoCCanadian consumers and businesses are slightly more optimistic about the future, Bank of Canada surveys show, though both groups are dealing with high interest rates and inflation.CanadaApr 1
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‘Try to save’: Non-profits and food co-ops offer grocery deals, discountsIn some cities, non-profits and food co-ops are giving people alternative options as they look to change their shopping habits and cut down on their bills.CanadaMar 31
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Affordability issues are ‘casting a shadow’ over young Canadians’ economic futuresYoung Canadians' economic futures are at risk if affordability issues driving up the cost of housing and debt persist, Statistics Canada says in a new report.MoneyMar 27
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Restaurants in Canada facing ‘frugal market’ as sales dipStatistics Canada data shows that the prices for food purchased from restaurants increased by 5.1 per cent year over year in January, continuing a trend seen last year.ConsumerMar 26
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