Inflation In Canada
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Inflation in Canada ticked up to 2.4% last month, StatCan saysStatistics Canada reported on Tuesday that the Consumer Price Index measured consumer inflation at 2.4 per cent compared to a year prior.EconomyOct 21, 2025
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Consumer inflation fell in July to 1.7%, but food costs ‘just won’t quit’Consumer inflation in Canada rose by less than expected in July, according to Statistics Canada, as falling gasoline prices offset price increases elsewhere.EconomyAug 19, 2025
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More Bank of Canada rate hikes ‘risk tilting the economy into a recession’: analystsThe central bank lifted its benchmark rate to a 22-year high of 4.75 per cent this month and is expected to tighten further in July or September.EconomyJun 29, 2023
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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, 2023
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How inflation is tapping out a Montreal senior who ‘absolutely cannot stop working’Janet Torge, a 75-year-old based in Montreal, works full time as a freelancer but she is feeling the pinch like many Canadians amid red-hot inflation.CanadaFeb 7, 2023
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Food inflation: Shoppers turn to saving hacks long used by older CanadiansGrocery prices were up 11 per cent in December compared with a year ago. Overall, grocery prices were up 9.8 per cent in 2022 compared with a year earlier..ConsumerJan 19, 2023
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Bread prices have soared. Here’s a look at the players behind rising costs this yearScientists tirelessly research bug- and disease-resistant wheat strains to boost harvests and improve the quality, flavour and sustainability of crops.ConsumerDec 21, 2022
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Why are global food prices so high? Russia to blame, not sanctions, says NATO chiefThe International Monetary Fund last month cut its global growth forecast for 2023 amid colliding pressures from the war, high energy and food prices.CanadaNov 3, 2022
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Canada should resist further spending amid U.K. turmoil, analysts saySince the 2022-23 budget was presented in April, inflation and higher prices for commodities including oil have driven tax revenues higher.CanadaOct 14, 2022
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Milk mystery: As prices soar, dairy farmers plead povertyAmid all the controversy surrounding soaring milk prices we have seldom heard from the people at the centre of it all: the farmers. So, Global News sought to change that.CanadaOct 1, 2022
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