Inflation Canada

• 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
  
• Credit card debt hit all time high in Q2 as inflation bites: Equifax

  Equifax Canada says many Canadians are slowing down their credit card spending, but lower-income households are having a harder time curbing spending.

  Consumer

  Sep 14
  
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• Bank of Canada holds key rate but leaves door open to future hikes

  The Bank of Canada's benchmark interest rate remained unchanged on Wednesday amid signs the economy could be slowing enough to tame inflation.

  Canada

  Sep 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.

  Economy

  Sep 5
• More Canadians struggling to meet monthly bills, survey suggests

  The 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.

  Economy

  Sep 1
• Drought in Canada could boil up pasta prices as wheat supply dwindles

  Pasta 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.

  Canada

  Aug 30
• 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
• Did company profits fuel inflation? Bank of Canada researchers say no

  Company profits are not to blame for the high inflation Canadians experienced in the past two years, a Bank of Canada report suggests.

  Money

  Aug 2
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• Soaring food prices are changing the way Canadians shop for groceries

  As food prices continue to go up, a new Statistics Canada report shows that consumers are changing their grocery shopping habits for lower-cost options.

  Money

  Jul 26
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• Loblaw blames supplier costs for pricier products as it reports Q2 profit

  Loblaw on Wednesday beat Wall Street expectations for second-quarter revenue and profit, helped by sustained demand for groceries and drugs and higher prices.

  Economy

  Jul 26