Inflation Canada
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Bank of Canada tight-lipped on rate moves as calls grow to ‘crush’ inflationScotiabank's Derek Holt says the Bank of Canada might raise interest rates again in June following a surprise uptick in inflation in April.EconomyMay 18
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Inflation surprise puts Bank of Canada in a ‘tough spot’ for rate hikesThe annual pace of inflation climbed back up slightly in April, breaking a streak of declines and putting pressure on the Bank of Canada as it weighs where to take interest rates.CanadaMay 16
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Housing upturn could delay a shift by Bank of Canada to cut rates. What to knowThe housing market's upturn comes after the Bank of Canada paused its interest rate hiking campaign last month, leaving the benchmark rate at 4.5 per cent since January.EconomyMay 15
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As inflation cools, higher wages could stand in the way of reaching 2% goalStatistics Canada's consumer price index report set to be released Tuesday is expected to show inflation slowed once again in April.CanadaMay 12
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Bank of Canada mulled an April rate hike. What went into the decision to holdThe Bank of Canada considered raising interest rates earlier this month, as it feared being too slow to react to sticky inflation.EconomyApr 26
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Here’s where Canadians are spending less amid high inflation, interest ratesRetail sales slipped 0.2 per cent in February amid a drop in spending at general merchandise stores and gasoline stations and fuel vendors, Statistics Canada said Friday.EconomyApr 21
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Metro profit jumps 10.4% on food, pharmacy sales amid high inflationMetro's increase in sales came as food same-store sales rose 5.8 per cent compared with a year earlier, while pharmacy same-store sales gained 7.3 per cent.MoneyApr 19
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Inflation is falling sharply. But that doesn’t mean the end of rate hikesCanada's annual inflation rate has been steadily declining since last summer, as global price pressures ease and high borrowing costs weigh on spending.CanadaApr 18
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Priced out of summer vacation? Here’s how to book ‘budget-conscious’ travelA majority of Canadians say they're scaling back their summer travel plans, according to a new Ipsos poll, as inflation and economic uncertainty take their toll.MoneyApr 16
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Recession fears continue to weigh on economic outlooks, Bank of Canada surveys showNew reports from the Bank of Canada suggest business and consumer expectations on inflation are moderating, but a potential recession continues to weigh on economic outlooks.EconomyApr 3
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