Inflation Canada
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Economic pain driving higher levels of anxiety among Canadians: pollCanadians are stressed out about the economy and have little faith in politicians or governments to fix big problems, a new survey suggests.CanadaFeb 13
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‘Unsettling news’: What inflation’s uptick means for the Bank of CanadaInflation 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.EconomyJan 16
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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.EconomyOct 4, 2023
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Thinking about having a kid? Here’s how much Canadians spend to raise oneAccording 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.MoneyOct 3, 2023
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Canadians not delaying major life events despite rising inflation: pollAs 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.CanadaSep 22, 2023
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Inflation just took a ‘significant step away’ from the Bank of Canada’s 2% goalAugust's consumer price index figures mark the second consecutive month inflation has accelerated in Canada, even as grocery prices saw some relief.CanadaSep 19, 2023
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Credit card debt hit all time high in Q2 as inflation bites: EquifaxEquifax Canada says many Canadians are slowing down their credit card spending, but lower-income households are having a harder time curbing spending.ConsumerSep 14, 2023
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Bank of Canada holds key rate but leaves door open to future hikesThe Bank of Canada's benchmark interest rate remained unchanged on Wednesday amid signs the economy could be slowing enough to tame inflation.CanadaSep 6, 2023
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Bank of Canada faces political pressure to hold rates. But will it matter?The Bank is set to make its next interest rate decision Wednesday and is widely expected to hold steady as the economy begins to buckle under the weight of higher interest rates.EconomySep 5, 2023
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More Canadians struggling to meet monthly bills, survey suggestsThe poll also suggests the Conservative party's support is at 38 per cent -- three percentage points higher than it was in the last poll in late July.EconomySep 1, 2023
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