
Inflation is cooling, why prices are not going down
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 …
Read MoreWith 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 …
Read MoreRepresentative 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 …
Read MoreChrystia Freeland, Canada’s Finance Minister reportedly said that in order to avoid the cost of living problem worse, there is a need to strike a balance between helping Canadians suffering …
Read MoreRepresentative image of Canada’s rising inflation. Image credit: Pixaby Ottawa/CMEDIA: With increase in Canadian consumer prices in May at rates not seen since January 1983, Canada’s annual inflation rate accelerated …
Read MoreBank of Canada. Image credit: Wikimedia Commons Ottawa/CMEDIA: Bank of Canada has reported high household debt and elevated housing prices have posed increased risks to the Canadian financial system, These …
Read MoreOttawa/CMEDIA: The rise in Canada’s inflation rate to 6.7 percent in March, exceeded economists’ expectations with a full percentage point higher than February’s already 30-year high, Statistics Canada reported Wednesday. There was …
Read MoreCMEDIA/The Bank of Canada raised its key interest rate to one percent on Apr 14, the highest rate increase in more than 20 years, with a warning that rate increases could …
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