To measure inflation every month, Statistics Canada tracks the prices for a long list—what it calls a representative “basket”—of goods and services. The contents of the basket reflect how much ...
Let’s look at what’s happening with the three biggest contributors to Canada’s inflation rate: shelter, transportation and food. Shelter is the most important component of the CPI ...
Statistics Canada reports the smallest yearly inflation increase since 2021, largely due to cheaper gas prices. The agency said Tuesday its consumer price index for September was up 1.6% from a ...
OTTAWA, Oct 15 (Reuters) - Canada's annual inflation rate slowed more than expected to 1.6% in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut ...
“With back-to-back lower inflation reports and third-quarter gross domestic product poised to come in well below the Bank of Canada’s forecast, BMO is changing our call for next week’s ...
Inflation is now at 1.6%, below the Bank of Canada’s 2% target. Interest rates are falling rapidly and more cuts are on the way. The economy, while weak, has avoided a much-feared recession. And maybe ...
"The Bank of Canada needs to do something to revive the economy and stop inflation from falling too far," said Royce Mendes, head of macroeconomic strategy at Desjardins Capital Markets ...
Inflation fell to a rate of 1.6 per cent in September. As a result, the Bank of Canada has been lowering its interest rates. Federal Finance Minister Chrystia Freeland celebrated cooling inflation and ...
Trump wants to jack up tariffs, deport millions of migrants and slash taxes. All three of these policies could fuel inflation ...
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Inflation is now at 1.6 per cent, below the Bank of Canada's two per cent target. Interest rates are falling rapidly and more cuts are on the way. The economy, while weak, has avoided a much ...