Statistics Canada is expected to release its latest reading on inflation today. The agency is expected to publish its consumer price index for October this morning, ahead of the federal government’s fall economic statement this afternoon.
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Advertisement Forecasters were widely anticipating a sharp decline in inflation this year, as price increases slow compared to the rapid run-up in the first half of 2022. The Bank of Canada will be paying close attention to today’s report as it gears up for its next interest ...
There is nothing to stop the Bank of Canada from cutting its interest rate in June after inflation cooled again, economists say. Read more
'Inflation will happen. Interest rates will go up. Plants will be closed on both sides of the border,' Doug Ford told reporters 4 days agoNews Stories continue below This advertisement has not loaded yet, but your article continues below. ...
“Today’s moderately disappointing result drives home the point that we still have an inflation fight on our hands — in case there was really any doubt,” BMO chief economist Douglas Porter said in a note. “Still, the bigger picture remains intact: The underlying inflation trend is lower,...
In the last major economic report to be released ahead of the Bank of Canada's interest rate announcement on Oct. 23, Statistics Canada data showed the slowdown in headline inflation was mainly driven by a 10.7% drop in gasoline prices. ...
photo the bank of canada's governing council was split on the outlook for inflation ahead of its sept 4 decision to cut rates for the third time in a row, minutes published on wednesday showed. the boc said on sept 4 that it was juggling the impact of two opposing fo...
The Problem of Inflation : Address before the Joint Luncheon Meeting of the American Economic Association and the American Finance Association, Toronto, On... Today I would like to talk about monetary and fiscal policy, a topic chosen by many speakers at this joint luncheon over the past sixty...
Trump faces backlash from business as tariffs ignite inflation fears Experts warn aggressive trade measures against US allies will hurt consumers and disrupt supply chains News in-depthTrump tariffs ‘Enough is enough’: tariff threat inspires economic patriotism in Canada ...