In our updated economic forecast, we have downgraded the probability of a recession in Canada over the next 12 months to 60%, from 75%. … READ MORE >
Canada inflation
Canada inflation slows in February
Canada’s inflation plunged to 5.2% from 5.9% on a year-ago basis as comparisons to last year’s elevated numbers kicked in, Statistics Canada reported on Tuesday. … READ MORE >
Canada’s annual inflation slows again, yet Bank of Canada’s work is not done
The consumer price index rose by 5.9% from 12 months ago in January, down from 6.3% in December, and lower than the market’s forecast at 6.1%. … READ MORE >
Canada inflation eases, but the fight is not over
November’s headline consumer price index in Canada dropped to a 6.8% increase from 6.9% on a year-ago basis, remaining significantly above the 2% target rate. … READ MORE >
Canada inflation remains elevated amid high gas prices
Canada’s consumer price index in October rose by 6.9% on a year-over-year basis, matching September’s increase. … READ MORE >
Canada’s inflation refuses to cool
Canada’s CPI rose by 6.9% on a year-over-year basis, slightly down from 7% in August, continuing a three-month streak of decline. … READ MORE >
Canada’s inflation declines amid cooling gas prices
Inflation declined by 0.3% in August for the second monthly decline in a row thanks to cooling gasoline and energy prices, … READ MORE >
Canada inflation hits 8.1% but shows signs of softening
Inflation reached 8.1% in June in Canada, the highest since January 1983, although the pace of the increase eased compared to previous months. … READ MORE >
Bank of Canada raises its policy rate by 1% to tame inflation
The Bank of Canada announced a 100-basis-point rate hike on Wednesday, the largest increase since 1998, in an attempt to restore price stability. … READ MORE >
Rising inflation eases but Canada’s housing remains a concern
While the overall inflation has slowed, hinting at a possible peak in the next few months, the cost of basic necessities like food, housing and gasoline continues to rise. … READ MORE >