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Tag: Inflation

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Scotiabank Forecasts Three Bank of Canada Rate Cuts in 2026
  • Business

Scotiabank Forecasts Three Bank of Canada Rate Cuts in 2026

  • Noah Perreault
  • 30 April 2025
  • 0

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 […]

Interest Rate Stays at 2.75%, Says Bank of Canada
  • Business

Interest Rate Stays at 2.75%, Says Bank of Canada

  • Noah Perreault
  • 18 April 2025
  • 0

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
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U.S. Inflation Worsens as Grocery and Gasoline Prices Surge

  • Noah Perreault
  • 13 February 2025
  • 0

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
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Food Prices Projected to Increase by Up to 5% in 2025

  • Noah Perreault
  • 31 December 2024
  • 0

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 […]

Canada’s Inflation Rate Declines to 1.9%
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Canada’s Inflation Rate Declines to 1.9%

  • Noah Perreault
  • 18 December 2024
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Canada’s Inflation Rate Slows to 1.9% Amid Mixed Economic Signals Canada’s annual inflation rate eased to 1.9% in November, driven by declining mortgage interest costs […]

Bank of Canada Cuts Policy Rate by 50 Basis Points to 3.75%
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Bank of Canada Cuts Policy Rate by 50 Basis Points to 3.75%

  • Noah Perreault
  • 24 October 2024
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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 […]

Canada’s food prices surge faster than overall inflation
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Canada’s food prices surge faster than overall inflation

  • Noah Perreault
  • 16 October 2024
  • 0

Although inflation is easing, fall barbecues will still hit your wallet hard. For the second consecutive month, grocery prices in Canada have risen faster than […]

Dollarama’s Second Quarter Sales Surge: More Canadians Turning to Discount Stores Amid Rising Costs
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Dollarama’s Second Quarter Sales Surge: More Canadians Turning to Discount Stores Amid Rising Costs

  • Noah Perreault
  • 13 September 2024
  • 0

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 […]

Inflation Rate Declines, Strengthening Case for Bank of Canada Rate Cut
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Inflation Rate Declines, Strengthening Case for Bank of Canada Rate Cut

  • Noah Perreault
  • 21 August 2024
  • 0

Canada’s inflation rate is steadily returning to the Bank of Canada’s 2 percent target, strengthening the case for the central bank to cut interest rates […]

Amid Soaring Food Prices, Are You Reducing Your Grocery Purchases?
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Amid Soaring Food Prices, Are You Reducing Your Grocery Purchases?

  • Noah Perreault
  • 2 June 2024
  • 0

Recent reports indicate that while Canadian grocers are reaping record profits, food manufacturers are facing significant losses. According to a report released by the industry […]

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