Canada’s annual inflation rate was unchanged last month, holding steady at 3.1 per cent as progress on tamping down price growth stalled.
Tag: inflation
1 in 4 Canadians fear income won’t cover basic needs: Salvation Army poll
A new survey suggests one in four Canadians are extremely concerned about having enough income to cover their basic needs, with the highest degree of hardship being felt by single parents
Finance ministers to talk housing, pensions and economy at annual meeting
Chrystia Freeland and her provincial and territorial counterparts say housing, pensions and economic growth will be hot topics as they gather in Toronto for their annual meeting
Canada’s grocery industry sees record-high profits
As many Canadians struggle to put food on the table and some consider scaling back their holiday dinner, a new report finds Canada’s grocery sector is set to rake in a record amount of money this year
Federal government to announce details of dental insurance plan
Several government ministers are expected to launch today a new federal dental insurance plan that will provide benefits directly to eligible Canadian residents, though the first claims won’t be processed until May
‘Not as dire’: Canada’s 2024 food price report released. Here’s what experts are forecasting
Canada’s 2024 Food Price Report predicts an increase of 2.5 to 4.5 per cent in overall food costs in the new year, with a rise across the board
Bank of Canada holds key interest rate at 5% in final decision of 2023
The Bank of Canada once again held its key interest rate steady at five per cent Wednesday, encouraged by evidence that higher rates are helping bring inflation down
Bank of Canada to announce interest rate decision, expected to hold at 5%
The Bank of Canada is set to announce its interest rate decision Wednesday morning as forecasters widely expect the central bank to continue holding its key rate steady
Canadian economy shrank in Q3 but manages to ‘keep its head above recession waters’
The Canadian economy shrank in the third quarter amid weak business and consumer spending as well as lower exports
‘Canadian dream crashes with reality’: Immigration Minister Marc Miller
Immigrants are finding the Canadian dream is elusive and Immigration Minister Marc Miller said Ottawa should do more to match the hopes of newcomers who face the realities of the Canadian economy
Grocers called back to Parliament to testify about plans to stabilize prices
A House of Commons committee is asking the heads of Canada’s major grocery chains to explain their plans to stabilize food prices
Housing, food prices top of mind as MPs return to Ottawa following summer break
OTTAWA — MPs are returning to the House of Commons today determined to find relief for Canadians feeling the pinch…