Inflation Rate

The pinch of high inflation and interest rates has more Canadians, and women especially, saying their budgets are at a breaking point according to a new poll. Ipsos Public Affairs polling conducted exclusively for Global News suggests…
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For the past few months, one phrase has been on the mind of investors and policy makers alike: soft landing. With the Federal Reserve raising interest rates at a rapid pace since last spring in an attempt to bring down inflation, the…
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Jim Dandy reads the grocery store flyers every week. It’s a habit the 79-year-old retiree picked up in childhood and continued while raising three children during law school.“I learned the importance of saving five cents, and that has…
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Statistics Canada says the annual rate of inflation slowed to 6.3 per cent in December as consumers paid less for gasoline and even found modest relief in some aisles of the grocery store. Month-to-month, inflation was down 0.6 per…
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A severe fragmentation of the global economy after decades of increasing economic integration could reduce global economic output by up to 7%, but the losses could reach 8-12% in some countries, if technology is also decoupled, the…
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Statistics Canada is set to release its latest inflation reading Wednesday, giving insight on how fast prices were rising last month. The country’s annual inflation rate held steady at 6.9 per cent in September and October.RBC is…
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With the holiday season ramping up, it’s a critical time of year for small businesses. But for retailers like Calgary’s UTB Fashions — facing the pressures of inflation, higher interest rates and a possible recession on the horizon —…
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Inflation has been heading lower in recent months, but Canadians likely haven’t noticed as gas prices went up and grocery costs continued to soar last month. Statistics Canada is expected to release its October report on the consumer…
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The most vulnerable Canadians are more likely to be worried about feeding their families as high inflation and interest rates take their toll, new polling shows, while fears of a recession threaten to compound the rising cost of…
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By Staff The Canadian Press Posted October 19, 2022 6:25 am Descrease article font size…
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