News Manufacturing Economy General
August 20, 2020  

Inflation rate falls to 0.1% as price growth slows: Statistics Canada

Reading was down from a year-over-year increase of 0.7% in June, average economist estimate had been 0.5% for July.

News Manufacturing Economy General
June 18, 2020  

May’s annual inflation rate in sinks to -0.4%: Statistics Canada

Bank of Canada governor said rates would only go up once Canada is well into an economic recovery.

News Manufacturing Economy
May 20, 2020  

Annual inflation rate turned negative in April: Statistics Canada

Overall drop was the first year-over-year decline in the CPI since September 2009.

News Manufacturing Economy
February 20, 2020  

Inflation rises again, hitting 2.4% in January: Statistics Canada

Experts say national statistics data only slightly dents the odds of the Bank of Canada cutting its key interest rate this year.

News Manufacturing Economy General
January 31, 2020  

Manufacturing’s average November wage up 3.8% year-over-year

Ontario and Quebec contributed the most to growth that was ahead of the 2019 inflation rate of 1.95%.

News Manufacturing General
December 18, 2019  

Statistics Canada says annual pace of inflation climbs to 2.2%

Gasoline prices were up 0.9% year-over-year compared with a drop 6.7% in October.

News Manufacturing Economy General
June 19, 2019  

Annual pace of inflation rises in May to 2.4%: Statistics Canada

Prices rose in all eight of the index’s major components compared with a year ago.

News Government Oil & Gas Economy
January 9, 2019  

Bank of Canada holds interest rate, views oil slump as temporary soft patch

The bank is now projecting growth to be just 1.7 per cent in 2019.

News Government Economy
December 5, 2018  

Central bank holds rate amid oil slump; casts doubt on future hikes

The rate remains at 1.75 per cent; the BoC has been on a gradual rate-hiking path.

News Government Manufacturing Economy General
June 13, 2018  

Fed raises key rate and sees possible acceleration in hikes

Foresees four rate hikes this year, up from the three it had previously forecast.

News Government General
May 30, 2018  

Bank of Canada keeps key interest rate target on hold at 1.25%

Next scheduled rate decision set for July 11.

News Manufacturing Economy General
May 23, 2018  

Annual inflation cools to 2.2%, just above Bank of Canada midpoint

Statistics Canada says core measure above 2% for first time in six years.

News Manufacturing General
April 23, 2018  

Inflation just over 2% for the whole year: It’s fine, says Poloz

What really matters is that inflation averages out over a multi-year period around that benchmark.

News Government Manufacturing Economy General
March 1, 2017  

Bank of Canada holds interest rate, warns of ‘significant uncertainties’

Bank says some US proposals would have “material consequences” for Canadian investment and exports.

News Government Manufacturing Business Operations General Operations Production
February 27, 2017  

Gas prices drive inflation rate up by 2.1% as carbon policies take hold

StatsCan said the 6.3% increase in transportation costs was the main contributor to the higher rate.

News Government Manufacturing Economy General
October 25, 2016  

Central bank, Ottawa renew inflation target deal at 2%

Bank of Canada says it will stop using its current preferred measure of core inflation.

News Government Manufacturing Economy General
September 7, 2016  

Central bank raises economic concerns, holds interest rate at 0.5%

Concern follows news that the economy contracted at an annual pace of 1.6% in Q2.

News Government Manufacturing Economy General
June 17, 2016  

Inflation rate was just 1.5% in May amid low fuel prices

Higher energy, vehicle prices are offset by offset by cheaper gasoline, fuel oil and natural gas.

News Government Manufacturing Economy General
April 22, 2016  

Lower energy prices keep annual inflation rate at a cool 1.3% in March

Downward forces on oil and gas countered higher prices for shelter and food.

News Government Manufacturing Economy General
November 20, 2015  

Bank of Canada surveying Canadians’ expectations for inflation, job market

Survey expected to fill a gap in the bank’s existing information sources and analyze issues related to the health of the labour market.

News Government Manufacturing Business Operations Economy General Operations Production
October 28, 2015  

Bank of Canada looking at alternatives for measuring core inflation

Deputy governor says an effective measure must closely track long-run movements in the total Consumer Price Index.

News Government Manufacturing Economy General
March 20, 2015  

Cheaper gas prices keep February inflation rate low at 1%

Ontario registered the biggest gain at 1.3%, StatsCan said

News Government Manufacturing Economy General
February 26, 2015  

Plunging gas prices slow January inflation to 1%: StatsCan

Ontario posts the largest consumer price increase, up 1.6% from 2014.

News Energy Government Manufacturing Oil & Gas Economy General
February 11, 2015  

BoC has tools to navigate economy through oil slump

Experts predict another rate cut, non-energy sector to lead growth.

News Aerospace Automotive Construction Energy Forestry Government Manufacturing Oil & Gas Pulp & Paper Business Operations Economy General
December 12, 2014  

Broader export demand to drive Canadian economy: RBC

Ontario tops provincial GDP growth ranking.

News Government Manufacturing Economy General
November 21, 2014  

Inflation beats expectations, accelerating 2.4% in October

Climbing year-over-year natural prices (20.1%) were a big contributor to the increase.

News Government Manufacturing Business Operations Economy General
September 23, 2014  

Low rates still needed, Bank of Canada senior deputy governor says

Carolyn Wilkins says “some degree of stimulus” will be needed to keep inflation on target.

News Government Business Operations Economy
April 25, 2014  

Canadians can bank on low interest rates for years to come: Poloz

It will likely take until early 2016 before the economy is firing on all cylinders and inflation is back to 2%.

News Manufacturing Business Operations
February 10, 2014  

Bank of Canada trying to determine why inflation on decline

Inflation above 2% erodes purchasing power, while when it’s below 2% it depresses consumer demand.

News General
January 7, 2014  

EU inflation dips further, boosting pressure on ECB policymakers

The ECB is tasked with setting monetary policy to keep inflation just below 2%, but inflation across the 17 EU countries fell to 0.8% in December.

News Manufacturing Business Operations Facilities Maintenance Operations Production Technology
December 3, 2013  

Nov. manufacturing output grows at fastest pace since 2011: RBC PMI

Output increase buoyed by rise in new order volumes, job creation and subdued input price inflation.

News Energy Manufacturing Business Operations Sustainability
November 21, 2013  

Canadian housing market not a bubble: Poloz

Bank of Canada governor predicts a soft landing.