Inflation Archives - Page 4 of 5

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

Noah Perreault
16 October 2024
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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

Noah Perreault
13 September 2024
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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

Noah Perreault
21 August 2024
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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?

Noah Perreault
2 June 2024
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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 […]

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

Noah Perreault
25 January 2024
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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%.

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.

Noah Perreault
16 August 2023
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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.

Noah Perreault
14 August 2023
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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

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: […]