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inflation

Trudeau’s big spending promises could fuel Canada’s already-hot inflation

Prime Minister Justin Trudeau risks further fueling Canada’s hot inflation if he presses ahead with spending plans outlined during the election campaign, which...

Having a hard time accessing your favourite products? Blame the shipping container crisis

Julie Fass has been running her downtown Toronto store, Ziggy’s At Home, for 15 years. She says she has never had to...

U.S. inflation may have peaked as consumer price increases slowed in July

U.S. consumer prices increases slowed in July even as they remained at a 13-year high on an annual basis, but there were...

Don’t ‘overreact’ to temporary inflation, Bank of Canada governor says

Bank of Canada Governor Tiff Macklem, writing in a column for the Financial Post newspaper on Thursday, said Canadians can be confident...

Canada Child Benefit gets smallest annual increase on record this year

The Trudeau government took to Twitter and Instagram to announce an increase to the Canada Child Benefit (CCB) on Tuesday, amid speculation...

Bank of Canada will move to cool inflation if price spikes look more permanent: governor

The governor of the Bank of Canada says the central bank will rein in inflation if temporary price pressures stubbornly stick around...

Is ‘shrinkflation’ hitting you in the wallet?

As the economy recovers from the COVID-19 pandemic, consumers are increasingly experiencing “shirnkflation” — whether they realize it or not. It’s the...

Global food prices are at their highest in a decade, UN says

World food prices rose in May at their fastest monthly rate in more than a decade, posting a 12th consecutive monthly increase...

Canada’s annual inflation rate hits 3.4%, Statistics Canada says

By Staff The Canadian Press ...

U.S. consumer prices surged 4.2% in April as inflation worries escalate 

A worrisome bout of inflation struck the economy in April, with U.S. consumer prices surging 0.8 per cent and the year-over-year increase...

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