why are prices rising

• U.S. inflation rose at its fastest annual rate since 1982 last month

  Prices for U.S. consumers jumped 6.8 per cent in November compared with a year earlier.

  Economy

  Dec 10, 2021
  
• Inflation rate rises to 4.7% in October, highest level since 2003

  Statistics Canada says it was the largest year-over-year gain in the consumer price index since February 2003.

  Consumer

  Nov 17, 2021
  
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• Canada’s inflation rate hits 4.4% in September, highest level since 2003

  Statistics Canada says the annual pace of inflation picked up in September to reach its highest level since February 2003.

  Money

  Oct 20, 2021
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• Bank of Canada will move to cool inflation if price spikes look more permanent: governor

  Tiff Macklem says the Bank of Canada largely expects higher prices right now are temporary.

  Economy

  Jul 15, 2021