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The Bank of Canada has opted to maintain the current 5% interest rate, signaling no adjustments at this time.
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The Bank of Canada has opted to maintain the current 5% interest rate, signaling no adjustments at this time.

  • Noah Perreault
  • 25 January 2024
  • 0

  The Bank of Canada has affirmed that its key overnight interest rate will remain at five percent, maintaining its benchmark for the fourth consecutive […]

Canada’s inflation rate surges to 4%.
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Canada’s inflation rate surges to 4%.

  • Noah Perreault
  • 20 September 2023
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Last month, Canada witnessed a notable surge in its inflation rate, reaching an annual pace of four percent, primarily attributable to a spike in gasoline […]

Yearly increments in grocery prices persistently surpass Canada’s overall inflation rate.
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Yearly increments in grocery prices persistently surpass Canada’s overall inflation rate.

  • Noah Perreault
  • 16 August 2023
  • 0

Grocery costs are maintaining a steady increase, surpassing the overall inflation rate on an annual basis. However, analysts anticipate a gradual moderation in these price […]

Economists anticipate an increase in inflation as the battle against price growth enters a new phase.
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Economists anticipate an increase in inflation as the battle against price growth enters a new phase.

  • Noah Perreault
  • 14 August 2023
  • 0

Analysts predict that the upcoming consumer price index report for this week will reveal an increase in inflation for the past month, indicating a shift […]

Canadians are eagerly seeking alternative methods to control inflation
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Canadians are eagerly seeking alternative methods to control inflation

  • Noah Perreault
  • 20 July 2023
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“With many central banks still signalling possible further rate hikes, we keep getting asked if there are other ways to combat inflation. The short answer: […]

The inflation rate in May decreased to 3.4 percent.
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The inflation rate in May decreased to 3.4 percent.

  • Noah Perreault
  • 28 June 2023
  • 0

Last month witnessed a significant decline in the annual inflation rate, raising debates among economists on whether it would sufficiently dissuade the Bank of Canada […]

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