Business Brief: Inflation tug-of-war

Good morning. Canada’s steady inflation rate masks a tug-of-war between rising grocery prices narrowly offset by cheaper gas, ...
Cantech Letter

Monetary policy can’t fix food inflation, RBC says

Fan noted that inflation breadth widened modestly, with about 54% of CPI components growing faster than three% on an ...
Northumberland News

What did Taylor Swift’s Toronto concerts have to do with Canada’s monthly inflation rate? Plus grocery prices rise to highest in 2 years

While the overall inflation rate stayed at 2.2%, the grocery aisle tells a different story. Beef is up nearly 18% and coffee ...

Bank of Canada Reviews Framework in ‘More Shock-Prone World’

Governor Tiff Macklem says the Bank of Canada’s review of its framework next year must assess whether it gives the central ...
The Canadian Press on MSN

Bank of Canada inflation target won’t change in 2026 mandate review: Macklem

The head of the Bank of Canada is looking to a new frontier for digital currencies but he says one thing that won’t be ...
U.S. News & World Report

Canada's Annual Inflation Rate in June up Slightly to 1.9%

OTTAWA (Reuters) -Canada's annual inflation rate rose to 1.9% in June, meeting analysts' expectations, as increases in the price of automobiles, clothing and footwear pushed the index higher, data ...

Inflationary Pressures Appear Contained, BOC Gov. Macklem Says -- Update

"Inflationary pressures continue to be contained despite added costs related to the reconfiguration of trade," said Macklem, according to prepared remarks set for delivery before Montreal's chamber of ...
The Canadian Press on MSN

Statistics Canada set to report November inflation data this morning

OTTAWA — Statistics Canada says rising grocery prices were causing fresh pain for consumers in November even as the overall ...