Scotiabank Revises Forecast, Predicts Bank of Canada Rate Cuts in 2026 Amid Growing Trade Pressures Scotiabank has updated its interest rate outlook, now projecting that […]
Tag: Inflation
Interest Rate Stays at 2.75%, Says Bank of Canada
Bank of Canada Holds Key Interest Rate Amid Rising Trade Uncertainty The Bank of Canada announced today that it is holding its target for the […]
U.S. Inflation Worsens as Grocery and Gasoline Prices Surge
U.S. Inflation Rises in January, Delaying Potential Fed Rate Cuts Inflation in the U.S. accelerated last month, with rising costs for groceries, gasoline, and rent […]
Food Prices Projected to Increase by Up to 5% in 2025
Food Prices in Canada Predicted to Climb 3-5% in 2025: Annual Report Canadian households can expect food prices to rise by three to five percent […]
Bank of Canada Cuts Policy Rate by 50 Basis Points to 3.75%
The Bank of Canada has lowered its target for the overnight rate to 3.75%, with the Bank Rate at 4% and the deposit rate also […]
Dollarama’s Second Quarter Sales Surge: More Canadians Turning to Discount Stores Amid Rising Costs
Discount retailer Dollarama has reported a surge in both profit and sales for the second quarter, reflecting a growing trend of Canadians turning to discount […]