inflation
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.
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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.
