Inflation

• Inflation rose 3.2% as gas, food prices jump — with tomato prices up 45%

  Higher oil and gasoline prices pushed overall inflation in May to 3.2 per cent compared with a year ago, according to Statistics Canada.

  Economy

  Jun 22
  
• Dollarama sales surge over 20% amid ‘weakening’ consumer confidence

  The Montreal-based retail giant also said it may need to change its sales outlook if the Iran war drags on for the long term and results in higher operational costs.

  Consumer

  Jun 11
  
• Advertisement
• Kevin Warsh sworn in as U.S. Fed chair facing inflation, policy pressures

  Trump said he wanted Warsh to be 'fully independent' in his new role, but also urged him to recognize that 'growth does not mean inflation.'

  U.S. News

  May 22
• Advertisement
• Legislators squabble in Manitoba following reported rise in inflation

  New numbers from Statistics Canada show Manitoba tied for the highest annual inflation rate among the provinces last month, partly driven by jumps in grocery prices and taxes.

  Politics

  May 19
• Motor oil prices are on the rise, experts say. The Strait of Hormuz is why

  Currently, a barrel of West Texas intermediate crude oil is down about 87 cents to $1.08. Crude oil is down about $1.60 cents a barrel, with trading at about $110 a barrel.

  Canada

  May 19
• Higher gas prices pushed inflation up to 2.8% in April, says StatCan

  Consumer inflation surged last month to 2.8 per cent compared to a year earlier with higher gas prices being the primary driver, according to Statistics Canada.

  Consumer

  May 19
• U.S. consumer prices spiked in April as Iran war drove up energy costs

  U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher.

  Economy

  May 12
• McDonald’s says ‘pressures’ straining customers — and it could get worse

  The world's biggest burger chain posted U.S. same‑store sales growth of 3.9 per cent in the first quarter, missing analyst expectations of a 4.2 per cent increase.

  Consumer

  May 7
• Advertisement
• Fresh vegetable prices just saw highest spike in almost 3 years

  Cucumbers, peppers and celery all saw price growth in March, 'due in part to tighter supplies related to adverse growing conditions in producing countries,' Statistics Canada said.

  Consumer

  Apr 20
• Advertisement
• Ontario minimum wage to rise to $17.95 on Oct. 1

  The current minimum wage is $17.60. The government says someone earning minimum wage and working 40 hours per week will see an additional $728 per year.

  Canada

  Apr 1