The cost of a Canadian passport is set to increase, and it could rise even more in the future under changes planned by Prime Minister […]
Tag: Inflation
Canadian economy contracts 0.3% in October, marking its steepest decline in nearly three years
Canada’s economy shrank by more than expected in October, falling 0.3 per cent — its biggest monthly drop in nearly three years — as both […]
Economists predict annual inflation rose to 2.3 per cent in November.
Economists expect Canada’s annual inflation rate to rise slightly in November. A Reuters survey of economists suggests inflation will reach 2.3 per cent for the […]
Bank of Canada releases its last interest rate update of 2025
The Bank of Canada will release its final interest rate update of the year next Wednesday. Canada’s central bank cut its key interest rate twice […]
Canada’s inflation cools to 2.2% in October as fuel and food price growth slows
Canada’s annual inflation rate dropped to 2.2% in October, Statistics Canada said Monday. The number matched what many economists had expected. Gas prices were a […]
Canadians Paying More as Coffee Prices Climb at Tim Hortons and Grocery Stores
Coffee Prices Rising for Canadians at Tim Hortons and Grocery Stores Tim Hortons says it’s raising the price of coffee for the first time in […]
Canada’s inflation rate climbed to 1.9% in August.
Canada’s inflation rate rose to 1.9% in August, up from 1.7% in July, Statistics Canada reported Tuesday. This was the last major piece of economic […]
Ontario Minimum Wage Rising in October, but Experts Warn It Falls Short
Minimum wage workers across Ontario will see a small pay raise next month. Starting October 1, Ontario’s minimum wage will go up from $17.20 to […]
Bank of Canada Poised to Hold Interest Rates Steady for Third Straight Time as Trump Tariff Deadline Looms
The Bank of Canada is expected to keep its key interest rate the same for the third time in a row when it makes an […]
U.S. Economy Braces for Possible War Shock as Oil Prices Soar
The U.S. economy might face a new wave of inflation after the country launched airstrikes on three nuclear sites in Iran. Experts warn that oil […]