Inflation Rate

• Canadians are worried inflation will stay high for longer: Bank of Canada survey

  The Bank of Canada says new surveys show consumers expect inflation to remain high for longer, while businesses largely see pressures easing in the long term.

  Economy

  Jul 4
  
• Bank of Canada faces rare political heat as inflation soars

  The Bank of Canada is now being forced to play catch-up, hiking interest rates more aggressively than originally expected just as household debt levels hit new highs.

  Economy

  Jun 23
  
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• Lethbridge social assistance programs bracing for higher demand as inflation rises

  One Alberta economist says a large number of people in Lethbridge could struggle to adapt to high costs.

  Economy

  Jun 16
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• Freeland touts affordability programs, but no new spending, to combat inflation

  Chrystia Freeland reaffirmed her faith in the Bank of Canada to get rampant inflation under control while outlining a series of existing government commitments Thursday.

  Economy

  Jun 16
• Canadians may see a 0.5% interest rate hike this week thanks to ‘persistent’ inflation

  The rising cost of living will likely push the Bank of Canada towards a second consecutive interest rate hike of 50 basis points, economists predict.

  Economy

  May 30
• More Canadians are turning to food banks as costs of groceries soar

  The soaring costs of food at the grocery store is likely to push more Canadians into food insecurity, one expert says, as food banks report an uptick in use.

  Money

  May 19
• As grocery bills soar, are meal kits worth it? Expert advice to trim food spending

  Food inflation is stretching Canadian grocery budgets further than ever. Here's how meal kits and cutting down on food waste can factor into your family's meal plan.

  Money

  May 19
• Food, shelter push inflation in Canada to 6.8% in April: Statistics Canada

  The annual rate of inflation rose to 6.8 per cent in April, with price hikes largely driven by rising food and shelter costs, according to Statistics Canada.

  Money

  May 18
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• Firing Bank of Canada head would spark global ‘shock wave’: ex-budget watchdog

  Canadians can likely expect inflation to come back down to normal 'over the next couple of years,' said the country's former budget watchdog.

  Canada

  May 15
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• As inflation surges, Canadians find creative ways to save, cut costs

  The surging cost of living has some Canadians getting creative with how they cut back on spending and save money as inflation hits its highest level in decades.

  Money

  May 12