Inflation Rate

• Persistent global inflation ‘may trigger instability,’ IMF warns

  The IMF is cautioning against overexuberance in markets as investors look for central bankers to pull off a "soft landing" in their years-long inflation battle.

  World

  Apr 16
  
• Companies have been quick to pass higher costs on to customers, BoC finds

  Recent research from the central bank shows price increases have mirrored the cost increases businesses have faced, a Bank of Canada official said Tuesday.

  Economy

  Oct 3, 2023
  
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• Inflation uptick could mean interest rates stay higher for longer

  New economic outlooks released this week expect interest rates will start to decline in 2024, but at a slower pace than previously thought.

  Money

  Sep 28, 2023
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• Inflation just took a ‘significant step away’ from the Bank of Canada’s 2% goal

  August's consumer price index figures mark the second consecutive month inflation has accelerated in Canada, even as grocery prices saw some relief.

  Canada

  Sep 19, 2023
• B.C. sets maximum allowable rent increase for 2024 below inflation rate

  The B.C. government said the rent cap is 'well below' the 12-month average inflation rate of 5.6 per cent and applies to rent increases on or after Jan. 1, 2024.

  Economy

  Sep 11, 2023
• Why inflation’s latest jump is bad news for the Bank of Canada

  Statistics Canada says the annual rate of inflation in the country jumped to 3.3 per cent in July, but food prices showed signs of slowing pressures.

  Money

  Aug 15, 2023
• Metro posts massive profit as GTA workers continue to strike

  Metro says earnings surged in its latest quarter, fuelled by higher same-store sales. The third-quarter earnings come as Metro grocery store workers in the GTA continue to strike,

  Money

  Aug 9, 2023
• Bank of Canada prepared to raise rates further if inflation progress stalls

  Inflation could rise again if the Bank of Canada did not continue to put pressure on the economy through higher rates, the governing council decided earlier this month.

  Money

  Jul 26, 2023
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• Tired of high grocery prices? What to expect as the Black Sea grain deal ends

  Inflation at the grocery store is more than three times the overall rate of inflation in Canada. Here's what global price pressures mean for your wallet in the months ahead.

  Money

  Jul 19, 2023
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• Inflation falls into the Bank of Canada’s target range. Are rate hikes done?

  Inflation has fallen back into the Bank of Canada's target range of one-to-three per cent, but some economists are warning that might not be enough to stave off future rate hikes.

  Economy

  Jul 18, 2023