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.
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.
Annual inflation rate turned negative in April: Statistics Canada
Overall drop was the first year-over-year decline in the CPI since September 2009.
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.
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%.
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.
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.
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.
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.
Fed raises key rate and sees possible acceleration in hikes
Foresees four rate hikes this year, up from the three it had previously forecast.
Bank of Canada keeps key interest rate target on hold at 1.25%
Next scheduled rate decision set for July 11.
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.
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.
Bank of Canada holds interest rate, warns of ‘significant uncertainties’
Bank says some US proposals would have “material consequences” for Canadian investment and exports.
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.
Central bank, Ottawa renew inflation target deal at 2%
Bank of Canada says it will stop using its current preferred measure of core inflation.
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.
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.
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.
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.
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.
Cheaper gas prices keep February inflation rate low at 1%
Ontario registered the biggest gain at 1.3%, StatsCan said
Plunging gas prices slow January inflation to 1%: StatsCan
Ontario posts the largest consumer price increase, up 1.6% from 2014.
BoC has tools to navigate economy through oil slump
Experts predict another rate cut, non-energy sector to lead growth.
Broader export demand to drive Canadian economy: RBC
Ontario tops provincial GDP growth ranking.
Inflation beats expectations, accelerating 2.4% in October
Climbing year-over-year natural prices (20.1%) were a big contributor to the increase.
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.
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%.
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.
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.
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.
Canadian housing market not a bubble: Poloz
Bank of Canada governor predicts a soft landing.