Business Matters: Canada’s inflation slows to 2.9%, mostly due to gas prices
Videos
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Business Matters: Canada’s inflation slows to 2.9%, mostly due to gas prices
02:49 | February 20, 2024
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King Charles makes Canadian banknote debut on new, vertical $20 bill
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Bank of Canada holds key rate steady, as risks to inflation and economic growth increase
01:48 | September 2, 2026
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Bank of Canada holds key interest rate at 2.25%
07:56 | September 2, 2026
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Bank of Canada concerned over private credit risks
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Inflation slows to 2.8 per cent in June, as gasoline prices fall
01:50 | July 20, 2026
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Business Matters: Food inflation in Canada expected to remain elevated
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Bank of Canada ‘may well need to raise interest rates’ if Iran war continues to raise oil prices
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Middle East conflicts, U.S. tariffs big factors as Bank of Canada holds rate steady
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Canada’s ‘economy is weak, but it is not clearly in recession’: Bank of Canada governor
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Canada slips into technical recession as economy stalls in Q1: StatCan
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Business Matters: Tiff Macklem “encouraged” by Ottawa’s efforts to strengthen economy
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Bank of Canada holds interest rate at 2.25%, warns of higher inflation
01:52 | April 29, 2026
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Soaring oil prices might force ‘consecutive’ rate hikes, Macklem warns
00:59 | April 29, 2026
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Bank of Canada expects Canada’s GDP to expand 1.2% in 2026, projects figures for next 2 years
03:26 | April 29, 2026
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Economic uncertainty of Iran war hovers over latest Bank of Canada decision
01:49 | March 18, 2026
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Business Matters: Bank of Canada holds key interest rate at 2.25%
02:17 | March 18, 2026
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BoC holds key interest rate amid war in Iran, says it can only help inflation in long term
02:57 | March 18, 2026
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CUSMA uncertainty impacting Canada’s economic growth: Macklem
01:38 | January 28, 2026
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Bank of Canada holds key interest rate steady at 2.25%
01:48 | January 28, 2026
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Bank of Canada holds interest rate at 2.25%
02:28 | January 28, 2026
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Bank of Canada holds interest rate at 2.25%
01:07 | January 28, 2026
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Business Matters: Bank of Canada expected to keep key policy rate steady this week
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Canada’s key interest rate slashed by quarter-point to 2.5%
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Business Matters: Canada’s inflation slows to 2.9%, mostly due to gas prices
02:49 | February 20, 2024
-
Business Matters: Canadians could face higher borrowing costs this year
02:04 | September 18, 2026
-
King Charles makes Canadian banknote debut on new, vertical $20 bill
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-
King Charles III makes Canadian bank note debut on new $20 bill
02:36 | September 3, 2026
-
Bank of Canada holds key rate steady, as risks to inflation and economic growth increase
01:48 | September 2, 2026
-
Bank of Canada holds key interest rate at 2.25%
07:56 | September 2, 2026
-
Bank of Canada concerned over private credit risks
00:41 | August 24, 2026
-
Inflation slows to 2.8 per cent in June, as gasoline prices fall
01:50 | July 20, 2026
-
Business Matters: Food inflation in Canada expected to remain elevated
02:05 | July 16, 2026
-
Bank of Canada ‘may well need to raise interest rates’ if Iran war continues to raise oil prices
05:01 | July 15, 2026
-
Middle East conflicts, U.S. tariffs big factors as Bank of Canada holds rate steady
02:16 | June 10, 2026
-
Canada’s ‘economy is weak, but it is not clearly in recession’: Bank of Canada governor
02:10 | June 10, 2026
-
Canada slips into technical recession as economy stalls in Q1: StatCan
01:56 | May 29, 2026
-
Business Matters: Tiff Macklem “encouraged” by Ottawa’s efforts to strengthen economy
02:18 | May 1, 2026
-
Bank of Canada holds interest rate at 2.25%, warns of higher inflation
01:52 | April 29, 2026
-
Soaring oil prices might force ‘consecutive’ rate hikes, Macklem warns
00:59 | April 29, 2026
-
Bank of Canada expects Canada’s GDP to expand 1.2% in 2026, projects figures for next 2 years
03:26 | April 29, 2026
-
Economic uncertainty of Iran war hovers over latest Bank of Canada decision
01:49 | March 18, 2026
-
Business Matters: Bank of Canada holds key interest rate at 2.25%
02:17 | March 18, 2026
-
BoC holds key interest rate amid war in Iran, says it can only help inflation in long term
02:57 | March 18, 2026
-
CUSMA uncertainty impacting Canada’s economic growth: Macklem
01:38 | January 28, 2026
-
Bank of Canada holds key interest rate steady at 2.25%
01:48 | January 28, 2026
-
Bank of Canada holds interest rate at 2.25%
02:28 | January 28, 2026
-
Bank of Canada holds interest rate at 2.25%
01:07 | January 28, 2026
-
Business Matters: Bank of Canada expected to keep key policy rate steady this week
02:22 | January 26, 2026
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Bank of Canada holds interest rates steady as Trump tariffs remain threat to economy
05:05 | December 10, 2025
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Bank of Canada cuts interest rate to 2.25% as US tariffs weakened economy: Macklem
03:06 | October 29, 2025
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Business Matters: Nvidia’s market cap hits record US$5 trillion
02:17 | October 29, 2025
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Business Matters: Will Bank of Canada cut interest rates again this week?
02:12 | October 27, 2025
-
Business Matters: Canada adds 60,000 jobs in September as manufacturing rebounds
02:09 | October 10, 2025
-
Canada’s key interest rate slashed by quarter-point to 2.5%
01:54 | September 17, 2025
-
Bank of Canada delivers 1st interest rate cut since March
01:59 | September 17, 2025
Business Matters: Canada’s inflation slows to 2.9%, mostly due to gas prices
Description
February 20, 2024
Overall inflation slowed to 2.9 per cent in January, which was within the Bank of Canada’s target rate. Much of that was due to gas prices not climbing as quickly as they were the previous year. In Business Matters for Tuesday Feb. 20, Anne Gaviola has more on why food inflation and grocery prices are also moderating.
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Business Matters: Canada’s inflation slows to 2.9%, mostly due to gas prices02:49 | February 20, 2024 -
Business Matters: Canadians could face higher borrowing costs this year02:04 | September 18, 2026 -
King Charles makes Canadian banknote debut on new, vertical $20 bill02:08 | September 3, 2026 -
King Charles III makes Canadian bank note debut on new $20 bill02:36 | September 3, 2026 -
Bank of Canada holds key rate steady, as risks to inflation and economic growth increase01:48 | September 2, 2026 -
Bank of Canada holds key interest rate at 2.25%07:56 | September 2, 2026 -
Bank of Canada concerned over private credit risks00:41 | August 24, 2026 -
Inflation slows to 2.8 per cent in June, as gasoline prices fall01:50 | July 20, 2026 -
Business Matters: Food inflation in Canada expected to remain elevated02:05 | July 16, 2026 -
Bank of Canada ‘may well need to raise interest rates’ if Iran war continues to raise oil prices05:01 | July 15, 2026 -
Middle East conflicts, U.S. tariffs big factors as Bank of Canada holds rate steady02:16 | June 10, 2026 -
Canada’s ‘economy is weak, but it is not clearly in recession’: Bank of Canada governor02:10 | June 10, 2026 -
Canada slips into technical recession as economy stalls in Q1: StatCan01:56 | May 29, 2026 -
Business Matters: Tiff Macklem “encouraged” by Ottawa’s efforts to strengthen economy02:18 | May 1, 2026 -
Bank of Canada holds interest rate at 2.25%, warns of higher inflation01:52 | April 29, 2026 -
Soaring oil prices might force ‘consecutive’ rate hikes, Macklem warns00:59 | April 29, 2026 -
Bank of Canada expects Canada’s GDP to expand 1.2% in 2026, projects figures for next 2 years03:26 | April 29, 2026 -
Economic uncertainty of Iran war hovers over latest Bank of Canada decision01:49 | March 18, 2026 -
Business Matters: Bank of Canada holds key interest rate at 2.25%02:17 | March 18, 2026 -
BoC holds key interest rate amid war in Iran, says it can only help inflation in long term02:57 | March 18, 2026 -
CUSMA uncertainty impacting Canada’s economic growth: Macklem01:38 | January 28, 2026 -
Bank of Canada holds key interest rate steady at 2.25%01:48 | January 28, 2026 -
Bank of Canada holds interest rate at 2.25%02:28 | January 28, 2026 -
Bank of Canada holds interest rate at 2.25%01:07 | January 28, 2026 -
Business Matters: Bank of Canada expected to keep key policy rate steady this week02:22 | January 26, 2026 -
Bank of Canada holds interest rates steady as Trump tariffs remain threat to economy05:05 | December 10, 2025 -
Bank of Canada cuts interest rate to 2.25% as US tariffs weakened economy: Macklem03:06 | October 29, 2025 -
Business Matters: Nvidia’s market cap hits record US$5 trillion02:17 | October 29, 2025 -
Business Matters: Will Bank of Canada cut interest rates again this week?02:12 | October 27, 2025 -
Business Matters: Canada adds 60,000 jobs in September as manufacturing rebounds02:09 | October 10, 2025 -
Canada’s key interest rate slashed by quarter-point to 2.5%01:54 | September 17, 2025 -
Bank of Canada delivers 1st interest rate cut since March01:59 | September 17, 2025
-
Business Matters: Canada’s inflation slows to 2.9%, mostly due to gas prices02:49 | February 20, 2024
-
Business Matters: Canadians could face higher borrowing costs this year02:04 | September 18, 2026
-
King Charles makes Canadian banknote debut on new, vertical $20 bill02:08 | September 3, 2026
-
King Charles III makes Canadian bank note debut on new $20 bill02:36 | September 3, 2026
-
Bank of Canada holds key rate steady, as risks to inflation and economic growth increase01:48 | September 2, 2026
-
Bank of Canada holds key interest rate at 2.25%07:56 | September 2, 2026
-
Bank of Canada concerned over private credit risks00:41 | August 24, 2026
-
Inflation slows to 2.8 per cent in June, as gasoline prices fall01:50 | July 20, 2026
-
Business Matters: Food inflation in Canada expected to remain elevated02:05 | July 16, 2026
-
Bank of Canada ‘may well need to raise interest rates’ if Iran war continues to raise oil prices05:01 | July 15, 2026
-
Middle East conflicts, U.S. tariffs big factors as Bank of Canada holds rate steady02:16 | June 10, 2026
-
Canada’s ‘economy is weak, but it is not clearly in recession’: Bank of Canada governor02:10 | June 10, 2026
-
Canada slips into technical recession as economy stalls in Q1: StatCan01:56 | May 29, 2026
-
Business Matters: Tiff Macklem “encouraged” by Ottawa’s efforts to strengthen economy02:18 | May 1, 2026
-
Bank of Canada holds interest rate at 2.25%, warns of higher inflation01:52 | April 29, 2026
-
Soaring oil prices might force ‘consecutive’ rate hikes, Macklem warns00:59 | April 29, 2026
-
Bank of Canada expects Canada’s GDP to expand 1.2% in 2026, projects figures for next 2 years03:26 | April 29, 2026
-
Economic uncertainty of Iran war hovers over latest Bank of Canada decision01:49 | March 18, 2026
-
Business Matters: Bank of Canada holds key interest rate at 2.25%02:17 | March 18, 2026
-
BoC holds key interest rate amid war in Iran, says it can only help inflation in long term02:57 | March 18, 2026
-
CUSMA uncertainty impacting Canada’s economic growth: Macklem01:38 | January 28, 2026
-
Bank of Canada holds key interest rate steady at 2.25%01:48 | January 28, 2026
-
Bank of Canada holds interest rate at 2.25%02:28 | January 28, 2026
-
Bank of Canada holds interest rate at 2.25%01:07 | January 28, 2026
-
Business Matters: Bank of Canada expected to keep key policy rate steady this week02:22 | January 26, 2026
-
Bank of Canada holds interest rates steady as Trump tariffs remain threat to economy05:05 | December 10, 2025
-
Bank of Canada cuts interest rate to 2.25% as US tariffs weakened economy: Macklem03:06 | October 29, 2025
-
Business Matters: Nvidia’s market cap hits record US$5 trillion02:17 | October 29, 2025
-
Business Matters: Will Bank of Canada cut interest rates again this week?02:12 | October 27, 2025
-
Business Matters: Canada adds 60,000 jobs in September as manufacturing rebounds02:09 | October 10, 2025
-
Canada’s key interest rate slashed by quarter-point to 2.5%01:54 | September 17, 2025
-
Bank of Canada delivers 1st interest rate cut since March01:59 | September 17, 2025
Business Matters: Canada’s inflation slows to 2.9%, mostly due to gas prices
Description
February 20, 2024
Overall inflation slowed to 2.9 per cent in January, which was within the Bank of Canada’s target rate. Much of that was due to gas prices not climbing as quickly as they were the previous year. In Business Matters for Tuesday Feb. 20, Anne Gaviola has more on why food inflation and grocery prices are also moderating.
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