Statistics Canada News
08.08 / 13:45
03.08 / 15:15
COST
Fighting
show
track
cover
NOT
Posthaste: 'Greedflation' not to blame for rising prices, Bank of Canada research says
Companies accused of “greedflation” as the costs for goods and services hit multi-decade highs did not take advantage of inflation to raise prices more than necessary, new research from the Bank of Canada suggests, challenging recent statements made by bank officials.
29.07 / 08:21
pandemic
Loblaw
Food Prices
food inflation
Soaring food prices are changing the way Canadians shop for groceries
Rising food costs are leading consumers to pivot away from shopping at food and beverage stores to less costly general merchandisers instead, Statistics Canada reports.
26.07 / 15:07
21.07 / 15:41
inflation
Canada economy
Canada News
Retail Sales
rate hikes
interest rate hikes
Retail sales ‘momentum is clearly slowing’ amid interest rate hikes
Statistics Canada says retail sales rose 0.2 per cent to $66.0 billion in May, helped by gains at new car dealers and grocery stores.
18.07 / 20:49
COST
UPS
Target
FIVE
Drop
inflation data
Food prices climb, cellphone bills drop: 5 things to know about the June inflation data
The rise in consumer prices cooled to 2.8 per cent in June, Statistics Canada reported on July 18, slightly below consensus expectations and the slowest pace since March 2021. While within the Bank of Canada’s target range, some costs are still putting a strain on Canadians’ wallets. Here are five things in the inflation data that you should know about:
18.07 / 20:49
UPS
Provident
Target
FIVE
Progressive
'Bank of Canada can't get too excited': What economists are saying about inflation numbers
Headline inflation slowed to 2.8 per cent in June, beating analyst estimates of a year-over-year increase of three per cent, but some economists warn it could again rise above three per cent in the months to come.
18.07 / 20:49
COST
UPS
Provident
Target
FIVE
Costs
Inflation cools to 2.8% in June, but food and mortgage costs up sharply
The rise in consumer prices decelerated again in June, but costs for shelter and food are still putting a strain on Canadians’ wallets, evidence that bringing inflation down to target remains a tricky balancing act for the Bank of Canada.
18.07 / 13:37
inflation
interest rate
Bank of Canada
Canada News
Inflation dropped below 3% in June, entering Bank of Canada target range
The annual rate of inflation cooled to 2.8 per cent in June, marking a milestone in the Bank of Canada’s efforts to fight raging price pressures.
05.07 / 17:15
inflation
interest rate
Bank of Canada
Canada’s labour market is showing signs of slowing. Will it help bring inflation down?
Early signs of wage growth slowing are an indicator the Bank of Canada’s fight against inflation is slowly gaining ground, economists said, but it’s too soon to tell whether Canadians will regain the purchasing power they lost amid sustained price growth.
04.07 / 23:13
Real Estate
inflation
Canada housing
Canada News
Wealth gap between rich and poor widens at fastest pace on record in Canada
The wealth gap between the rich and poor in Canada widened at the fastest pace on record in the first quarter of 2023 compared with the year before, according to Statistics Canada, amid high inflation and declining real estate values.
30.06 / 10:55
Immigration
boost
Record immigration numbers reinforce need to boost housing supply: economist
Statistics Canada says the country welcomed more than 145,000 immigrants during the first three months of the year.
20.04 / 18:57
Canada CPI Accelerates to 6.7% in March
OTTAWA—Canada’s annual inflation rate accelerated in March, exceeding market expectations to reach a fresh three-decade high and prompting analysts to suggest another big interest-rate rise could be in the offing in June.
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