Canada’s CPI rose 3.1 per cent on a year-over-year basis due to higher oil prices. Excluding energy, inflation came in at a reasonable 2.1 per cent. … READ MORE >
gross domestic product
Canadian inflation stays at 3% despite lower energy prices
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 >
Cautious optimism for Canada’s economy despite tariff tension
The latest data shows a solid, growing Canadian economy despite the concerns elicited by recent trade tensions and new U.S. tariffs. … 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 again amid signs of economic recovery
The Bank of Canada held its overnight rate at 2.25 per cent—a widely expected move, but one delivered with a dovish tone amid ample signs of economic recovery. … READ MORE >
Canada’s consumer price index steady due to cooling housing market
Canada’s consumer price index rose 1.7 per cent in May thanks to a more balanced housing market and smaller increases in travel prices. … READ MORE >
Canadian household net worth rises despite economic uncertainty
Canadian household net worth rose for a sixth quarter in a row—but this trend could reverse next quarter as the effects of trade tensions persist and spread. … READ MORE >
Canada’s unemployment rate hits 7% despite some resilience
Despite some economic resilience, Canada’s unemployment rate hit 7 per cent as the damage from tariffs and trade uncertainty permeates the labour market. … READ MORE >
Bank of Canada holds interest rate again amid economic volatility
Despite a better-than-expected first quarter for Canada’s economy, the Bank of Canada held its interest rate again as it contends with tariff uncertainty and economic volatility. … READ MORE >