Inflation In Canada

• More Bank of Canada rate hikes ‘risk tilting the economy into a recession’: analysts

  The 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.

  Economy

  Jun 29
  
• Housing upturn could delay a shift by Bank of Canada to cut rates. What to know

  The 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.

  Economy

  May 15
  
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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.

  Canada

  Feb 7
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• Food inflation: Shoppers turn to saving hacks long used by older Canadians

  Grocery 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..

  Consumer

  Jan 19
• Bread prices have soared. Here’s a look at the players behind rising costs this year

  Scientists tirelessly research bug- and disease-resistant wheat strains to boost harvests and improve the quality, flavour and sustainability of crops.

  Consumer

  Dec 21, 2022
• Why are global food prices so high? Russia to blame, not sanctions, says NATO chief

  The International Monetary Fund last month cut its global growth forecast for 2023 amid colliding pressures from the war, high energy and food prices.

  Canada

  Nov 3, 2022
• Canada should resist further spending amid U.K. turmoil, analysts say

  Since the 2022-23 budget was presented in April, inflation and higher prices for commodities including oil have driven tax revenues higher.

  Canada

  Oct 14, 2022
• Milk mystery: As prices soar, dairy farmers plead poverty

  Amid 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.

  Canada

  Oct 1, 2022
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• Poilievre overtakes Trudeau as leader seen as best choice for prime minister: poll

  The Ipsos poll conducted for Global News found Poilievre leading Trudeau in most provinces, despite voters feeling no party is equipped to tackle the major issues.

  Politics

  Sep 29, 2022
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• 1 in 3 Canadians believe Trudeau should stay in power as Tories edge ahead: poll

  While there is no election on the immediate horizon, the Liberal-NDP governance deal struck earlier this year aims to last until 2025 -- though could fall apart at any time.

  Canada

  Sep 28, 2022