Inflation and higher interest rates have eroded Canadians' purchasing power since 2022, particularly for lower-income households, according to the Parliamentary Budget Officer.
A new report from the parliamentary budget officer says inflation and higher interest rates have eroded Canadians' purchasing ...
In this excerpt from his book Fleeced, Andrew Spence explains how Canadian banks succeed at keeping credit card interest ...
Inflation and higher interest rates have eroded Canadians' purchasing power since 2022, particularly for lower-income ...
As inflation sharply accelerated in 2022, household purchasing power declined. Meanwhile, the Bank of Canada rapidly ...
There was an expanding narrative of how the Bank of Canada was going to unleash a fresh wave of housing inflation when it began to cut rates four months ago. The exact opposite has happened.
Accusations of price gouging have been levied at the big grocery chains, which are the face of rising food prices. A report ...
A recent Ipsos survey finds 70% of Canadians think the country is “broken,” an opinion especially common among young adults. Older Canadians have a more positive view of things.
Inflation began heating up in 2021 as raw material costs and supply chain disruptions put pressure on prices, the report noted.
Bank of Canada governor Tiff Macklem said Tuesday that he is pleased that inflation has fallen to two per cent, but the central bank now has to "stick the landing" and keep price growth centred around ...
The sobering reality of the green hydrogen deal belies the challenge of balancing large-scale infrastructure investments and ...
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 ...