Canada’s consumer price index rose 3 per cent on a year-over-year basis in August as energy remains a critical factor for inflation going forward. … READ MORE >
Consumer Price Index
Canada loses jobs in August as trade tensions cloud outlook
Canada’s job losses in August undid some of the gains from July—and the outlook going forward is murky due to uncertainty caused by ongoing U.S. trade tensions. … READ MORE >
Inflation rises to 3% in Canada as global energy volatility persists
Canada’s CPI rose in July while core inflation measures remained slightly below target. This suggests that as of now, inflation remains a result of oil prices as opposed to being broadly entrenched in Canada’s economy. … READ MORE >
Canada’s consumer price index falls to 2.8% due to lower gas prices
Canada’s latest consumer price index data and inflation statistics mark a firm return to price stability—but uncertainty persists regarding energy prices. … READ MORE >
Bank of Canada holds interest rate amid global uncertainty, domestic strain
The Bank of Canada kept its key interest rate at 2.25 per cent—a fifth consecutive hold—due to the elevated level of uncertainty around the direction of the domestic economy and the global financial implications of the war in the Middle East. … READ MORE >
Bank of Canada holds interest rate again as economic uncertainty mounts
The Bank of Canada again maintained its key interest rate in a decision that provided little in the way of new information or an updated evaluation on the rapidly changing global economic environment. … READ MORE >
Bank of Canada holds interest rate again amid global economic disruptions
The Bank of Canada held its key interest rate amid domestic economic slack and wider disruptions due to the ongoing war in the Middle East. … READ MORE >
Bank of Canada cuts interest rate again in attempt to spur sluggish economy
Canada’s economy is slowing to the point that the Bank of Canada was comfortable making another interest-rate cut as it lowered its policy rate to 2.25 per cent. … READ MORE >
Canada’s economy slowing as major free-trade renegotiation looms
Canada’s subdued economic activity and the drop in inflation despite ongoing tariffs imply that the Bank of Canada could cut interest rates again this year. … READ MORE >
Bank of Canada cuts interest rate to 2.5% amid economic, labour challenges
The Bank of Canada cut its key interest rate to 2.5 per cent as a slowing economy and rising unemployment likely contributed to the unexpected policy action. … READ MORE >