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Toronto/CMEDIA: In spite of Canada’s cooling of annual inflation last month, shoppers continue to see the cost of groceries rise at a faster rate, Statistics Canada says. The agency reported Tuesday that prices for food purchased …
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Toronto/CMEDIA: Updated federal income tax brackets reportedly for 2025 have been released by the Canada Revenue Agency (CRA), reflecting adjustments for inflation. Although federal tax rates remain the same, the …
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With the global economy continuing to expand, the Bank of Canada cut its key interest rate Wed from 4.25 per cent to 3.75 percent. This fourth rate cut in a row of half a …
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Toronto/CMEDIA: Canada’s inflation outlook leads the Bank of Canada to hold its policy rate at 5 percent on Wednesday, The bank said in a note on its website. The Bank …
Read More Bank of Canada. Image credit: Wikimedia Commons #CanadaEconomy; #CanadaInflation; #BankOfCanada; #InterestRateSteady With Canada’s economy reportedly showing more and more signs of cooling, the Bank of Canada opted to hold its …
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Representative Image of Canada’s cooling economy. Image credit Unsplash/Towfiqu Barbhuiya Ottawa/CMEDIA: Strong bounce back of the Canadian economy reportedly at the start of the year appears to have been short-lived, …
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Ottawa/IBNS: Canada’s annual inflation rate fell to 4.3 percent in March, its lowest level since August 2021, Statistics Canada reported Tuesday. Canada’s inflation slowed from 5.2 percent in Februaryf, continuing along …
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Ottawa/CMEDIA: Following a steep hike in prices, Canada’s inflation rate is reportedly expected to fall significantly this year. Higher inflation which began in 2021, took off dramatically last year and peaked at …
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With the annual rate at seven percent in August, down from the four-decade high since June as reported by Statistics Canada this week the pace of inflation is cooling. But in …
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Representative image of Canada’s rising inflation. Image credit: Pixaby Ottawa/CMEDIA: Canada’s reportedly higher-than-expected inflation led the Bank of Canada to hike its overnight interest rate by 100 basis points to …
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