Inflation Canada

• Canadian economy grew in Q2 — beating Bank of Canada’s forecast

  The economy grew at an annualized rate of 2.1 per cent in the second quarter but continued to shrink on a per-person basis, according to Statistics Canada.

  Economy

  Aug 30
  
• Missed credit payments higher among younger Canadians: report

  An Equifax Canada report says missed credit payments were higher among younger Canadians in the second quarter due to living costs and unemployment.

  Consumer

  Aug 27
  
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• ‘Desperation point’: Halifax diner owners working 7 days a week to stay afloat

  A diner owner in Halifax is getting candid about the realities of the business after going six months without taking a weekend and local experts say she's not alone.

  Economy

  Jul 19
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• Ikea Canada cut prices on 800 items this month. Which ones?

  Ikea Canada says it has lowered its prices for hundreds of items this past month as part of the company’s continuing push to make home furnishing more affordable.

  Consumer

  Apr 24
• 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. 

  Economy

  Apr 16
• Economic pain driving higher levels of anxiety among Canadians: poll

  Canadians are stressed out about the economy and have little faith in politicians or governments to fix big problems, a new survey suggests.

  Canada

  Feb 13
• ‘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
• Rate hikes spark debate on inflation causes. How do we fight it?

  The fact that unemployment is likely to rise is an uncomfortable truth for central banks dealing with backlash over rising interest rates.

  Economy

  Oct 4, 2023
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• Thinking about having a kid? Here’s how much Canadians spend to raise one

  According to the data released by Statistics Canada, a middle-income family with two parents and two children spends on average $293,000 on one kid till the age of 17.

  Money

  Oct 3, 2023
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• Canadians not delaying major life events despite rising inflation: poll

  As Canadians are battling inflation, a recent CIBC poll found that while up to 61 per cent have done some form of cost-cutting, few will postpone major life events. 

  Canada

  Sep 22, 2023