Inflation Canada
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Inflation just took a ‘significant step away’ from the Bank of Canada’s 2% goalAugust's consumer price index figures mark the second consecutive month inflation has accelerated in Canada, even as grocery prices saw some relief.CanadaSep 19
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Credit card debt hit all time high in Q2 as inflation bites: EquifaxEquifax Canada says many Canadians are slowing down their credit card spending, but lower-income households are having a harder time curbing spending.ConsumerSep 14
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Bank of Canada holds key rate but leaves door open to future hikesThe Bank of Canada's benchmark interest rate remained unchanged on Wednesday amid signs the economy could be slowing enough to tame inflation.CanadaSep 6
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Bank of Canada faces political pressure to hold rates. But will it matter?The Bank is set to make its next interest rate decision Wednesday and is widely expected to hold steady as the economy begins to buckle under the weight of higher interest rates.EconomySep 5
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More Canadians struggling to meet monthly bills, survey suggestsThe poll also suggests the Conservative party's support is at 38 per cent -- three percentage points higher than it was in the last poll in late July.EconomySep 1
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Drought in Canada could boil up pasta prices as wheat supply dwindlesPasta lovers must brace to pay even higher prices for their favorite dish, as drought in Canada and bad weather in Europe damages crops of durum wheat and reduces supplies.CanadaAug 30
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Why inflation’s latest jump is bad news for the Bank of CanadaStatistics 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.MoneyAug 15
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Did company profits fuel inflation? Bank of Canada researchers say noCompany profits are not to blame for the high inflation Canadians experienced in the past two years, a Bank of Canada report suggests.MoneyAug 2
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Soaring food prices are changing the way Canadians shop for groceriesAs food prices continue to go up, a new Statistics Canada report shows that consumers are changing their grocery shopping habits for lower-cost options.MoneyJul 26
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Loblaw blames supplier costs for pricier products as it reports Q2 profitLoblaw on Wednesday beat Wall Street expectations for second-quarter revenue and profit, helped by sustained demand for groceries and drugs and higher prices.EconomyJul 26
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