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Canada’s annual inflation rate ticked up to 1.9 per cent in June and underlying price pressures remained sticky, reinforcing ...
Money markets now suggest only about a 6% chance of a quarter-point cut on that day after the bank’s next policy meeting, ...
On a monthly basis, the Consumer Price Index increased 0.1 per cent in June. Seasonally adjusted, CPI rose 0.2 per cent.
The annual core inflation rate in Canada, which excludes eight of the most volatile components such as food, energy, and mortgage interest costs, stood at 2.5% in May, unchanged from the prior month.
Analysts had forecast the annual rate would ease to 1.6% while the Bank of Canada last month predicted it would fall to about 1.5%, mainly due to the removal of the carbon tax and lower crude prices.
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...
The Bank of Canada released a summary from its most recent meeting, in which its members decided to leave interest rates ...
OTTAWA—The Bank of Canada is expected to keep its main interest rate unchanged this week as policymakers set aside signs of distress in the labor market and domestic demand to focus on ...
After reaching a peak of 7.04% in January 2025, mortgage rates retreated to the mid-6% range in March but then reversed ...
Canada's annual inflation rate in April fell to 1.7% from 2.3% in March as overall energy prices plunged 12.7% after the removal of a federal consumer carbon tax, Statistics Canada said on Tuesday.
Inflation rises 2.3% in April, less than economists expected 04:07. The Consumer Price Index in April rose 2.3% on an annual basis, rising less than economists had expected yet still reflecting ...