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 ...
The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation's economy is actually doing a lot better. Inflation is ...
OTTAWA—Canadian inflation cooled sharply for a second month ... index rose 1.6% from a year earlier in September, Statistics Canada said Tuesday. That was cooler than the 1.9% rise economists ...
TORONTO, Oct 15 (Reuters) - Canada's annual inflation rate slowed more than expected to 1.6% in September, mainly on cheaper gasoline, but indicators of underlying price pressures held steady ...
Canada’s inflation rate declined to an annualized rate of 1.6% in September, down from 2% in August and the lowest level since February 2021. The inflation rate is now below the Bank of Canada’s 2% ...
(Bloomberg) -- All but one of Canada’s six biggest lenders now expect the central bank to cut borrowing costs by half a percentage point after inflation cooled by more than expected last month.
OTTAWA (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 next week.
“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 ...
Bank of Canada Governor Tiff Macklem said that while the federal government’s decision to trim immigration targets would have ...
Canada's inflation rate fell to 1.6 per cent in September, Statistics Canada reported Tuesday, after hitting the Bank of Canada's 2 per cent goal in August. The data agency said the numbers ...
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 ...