inflation

Statistics Canada’s offices at Tunny’s Pasture in Ottawa are shown on Friday, March 8, 2019. THE CANADIAN PRESS/Justin Tang

Canadian inflation may have peaked in June as gas prices soared: economists

Economist says the numbers last month were actually lower than expected

 

Alberta’s NDP says the UCP has made a bad situation worse as Albertans struggle with growing inflation. (File photo)

NDP calls on province to provide immediate relief as inflation climbs

Alberta inflation higher than national average

 

FILE - A loonie coin is pictured in North Vancouver, B.C. in April, 2014. It used to be said that a penny saved was a penny earned, but rising prices helped push out the penny years ago, and with inflation now running at well over seven per cent, it’s eating into every nickel and dime. THE CANADIAN PRESS/Jonathan Hayward

Here’s a list of June inflation rates for select Canadian cities

Inflation climbs in Calgary and Edmonton

 

Statistics Canada’s offices at Tunny’s Pasture in Ottawa are shown on Friday, March 8, 2019. THE CANADIAN PRESS/Justin Tang
Statistics Canada’s offices at Tunny’s Pasture in Ottawa are shown on Friday, March 8, 2019. THE CANADIAN PRESS/Justin Tang
The Bank of Canada building is seen in Ottawa, Wednesday, April 15, 2020. Experts say there are a number of similarities between today's hot inflation and that of the 1970s, which led to double-digit interest rates in the 1980s.THE CANADIAN PRESS/Adrian Wyld

Experts see parallels between 1970s inflation crisis and today

Experts see parallels between 1970s inflation crisis and today

The Bank of Canada building is seen in Ottawa, Wednesday, April 15, 2020. Experts say there are a number of similarities between today's hot inflation and that of the 1970s, which led to double-digit interest rates in the 1980s.THE CANADIAN PRESS/Adrian Wyld

BoC’s Gravelle says “perfect storm” fueling inflation, but key differences from ’70s

BoC’s Gravelle says “perfect storm” fueling inflation, but key differences from ’70s

A gas station sign is seen in front of a wall mural as gas prices surpass $2.00 per litre, Monday, May 9, 2022 in Montreal.THE CANADIAN PRESS/Ryan Remiorz

Surging gas prices compound inflation’s toll on Canadians, hurt consumer sentiment

Inflationary domino effect sees gas prices raising shipping costs, which then hike price of goods

A gas station sign is seen in front of a wall mural as gas prices surpass $2.00 per litre, Monday, May 9, 2022 in Montreal.THE CANADIAN PRESS/Ryan Remiorz
People wait in a line to receive a COVID-19 vaccine at a Loblaws grocery store pharmacy in Ottawa, on Monday, April 26, 2021. Loblaw Companies Ltd. raised its quarterly dividend as it reported its first-quarter profit rose nearly 40 per cent compared with a year ago. THE CANADIAN PRESS/Justin Tang

Canadian shoppers shift to discount stores, No Name brand amid high inflation: Loblaw

Canadian shoppers shift to discount stores, No Name brand amid high inflation: Loblaw

People wait in a line to receive a COVID-19 vaccine at a Loblaws grocery store pharmacy in Ottawa, on Monday, April 26, 2021. Loblaw Companies Ltd. raised its quarterly dividend as it reported its first-quarter profit rose nearly 40 per cent compared with a year ago. THE CANADIAN PRESS/Justin Tang
FILE - In this April 3, 2019, photo a tip box is filled with U.S. currency in New York. During inflation, consumers can adjust their spending and saving strategies to help lessen the impact that inflation has on the value of their money. It’s important to have liquid cash set aside for emergencies, but beyond an emergency fund, there are other ways to save money and help retain its value. (AP Photo/Mark Lennihan, File)

How to save more when inflation makes your money count less

How to save more when inflation makes your money count less

FILE - In this April 3, 2019, photo a tip box is filled with U.S. currency in New York. During inflation, consumers can adjust their spending and saving strategies to help lessen the impact that inflation has on the value of their money. It’s important to have liquid cash set aside for emergencies, but beyond an emergency fund, there are other ways to save money and help retain its value. (AP Photo/Mark Lennihan, File)
Governor of the Bank of Canada, Tiff Macklem, and Senior Deputy Governor Carolyn Rogers appear before the House of Commons Standing Committee on Finance, in Ottawa on Monday, April 25, 2022. THE CANADIAN PRESS/Sean Kilpatrick

Key interest rate could soon go up another half point, central bank says

‘The economy needs higher rates and can handle them’

Governor of the Bank of Canada, Tiff Macklem, and Senior Deputy Governor Carolyn Rogers appear before the House of Commons Standing Committee on Finance, in Ottawa on Monday, April 25, 2022. THE CANADIAN PRESS/Sean Kilpatrick
A loonie is pictured in Vancouver on April, 2014.THE CANADIAN PRESS/Jonathan Hayward

Inflation picks up steam in March to hit 6.7% amid war in Europe, supply chain woes

Highest reading since inflation hit 6.9 per cent in January 1991 when the GST was introduced

A loonie is pictured in Vancouver on April, 2014.THE CANADIAN PRESS/Jonathan Hayward
The latest MNP Consumer Debt Index, conducted by Ipsos on behalf of MNP LTD, show more Albertans are worried about rising inflation and interest rates. (File photo by BLACK PRESS)

Albertans hit harder by rising interest rates and inflation

More Albertans concerned about their ability to pay debts

The latest MNP Consumer Debt Index, conducted by Ipsos on behalf of MNP LTD, show more Albertans are worried about rising inflation and interest rates. (File photo by BLACK PRESS)
Prime Minister Justin Trudeau discusses the budget with Bruno Johnson, right of Trudeau, his wife Catherine Pilote, left, Alexe Vigneault-Pinard, far right, and Simon Vervaet, right, on Wednesday, April 13, 2022, in Laval, Que. THE CANADIAN PRESS/Ryan Remiorz

Trudeau says budget measures will help Canadians weather Bank of Canada rate hike

PM: ‘We put forward a plan to address the housing crisis that too many families are living through’

Prime Minister Justin Trudeau discusses the budget with Bruno Johnson, right of Trudeau, his wife Catherine Pilote, left, Alexe Vigneault-Pinard, far right, and Simon Vervaet, right, on Wednesday, April 13, 2022, in Laval, Que. THE CANADIAN PRESS/Ryan Remiorz
The Bank of Canada building is seen in Ottawa, Wednesday, April 15, 2020. THE CANADIAN PRESS/Adrian Wyld

Bank of Canada raises key interest rate by 0.5%, biggest hike in 20 years

Jump implemented in attempt to battle rising inflation

The Bank of Canada building is seen in Ottawa, Wednesday, April 15, 2020. THE CANADIAN PRESS/Adrian Wyld
FILE—A private Ukrainian farmer Dmytro Hnatkevitch harvests wheat crop on his farm in the village of Grygorovka, 110 km south of Kiev, in August, 1996. Prices for food commodities like grains and vegetable oils reached their highest levels ever last month because of Russia’s war in Ukraine and the “massive supply disruptions” it is causing, the United Nations said Friday, April 8, 2022. (AP Photo/Efrem Lukatsky)

Food prices soar to record levels on Ukraine war disruptions

UN’s Food Price Index up 12.6% from February, which was the highest level since its inception in 1990

FILE—A private Ukrainian farmer Dmytro Hnatkevitch harvests wheat crop on his farm in the village of Grygorovka, 110 km south of Kiev, in August, 1996. Prices for food commodities like grains and vegetable oils reached their highest levels ever last month because of Russia’s war in Ukraine and the “massive supply disruptions” it is causing, the United Nations said Friday, April 8, 2022. (AP Photo/Efrem Lukatsky)
Governor of the Bank of Canada Tiff Macklem participates in a media availability at the Bank of Canada in Ottawa, on Wednesday, Dec. 15, 2021. The Bank of Canada says businesses expect average inflation to remain elevated over the next two years, but expect interest rate moves and better supply chains to cool things off longer term. THE CANADIAN PRESS/Justin Tang

Businesses brace for high inflation to stick around over next two years: BoC survey

Businesses brace for high inflation to stick around over next two years: BoC survey

Governor of the Bank of Canada Tiff Macklem participates in a media availability at the Bank of Canada in Ottawa, on Wednesday, Dec. 15, 2021. The Bank of Canada says businesses expect average inflation to remain elevated over the next two years, but expect interest rate moves and better supply chains to cool things off longer term. THE CANADIAN PRESS/Justin Tang
Various cuts of beef are seen in the meat section at an Atlantic Superstore grocery in Halifax, Friday, Jan. 28, 2022. Food prices are continuing to climb in Canada, pushing up grocery bills and forcing some households to change shopping habits.THE CANADIAN PRESS/Kelly Clark

How to save on your grocery bill as inflation sends food prices higher

Food prices rose 7.4 per cent in February from a year earlier, biggest jump in more than a decade

Various cuts of beef are seen in the meat section at an Atlantic Superstore grocery in Halifax, Friday, Jan. 28, 2022. Food prices are continuing to climb in Canada, pushing up grocery bills and forcing some households to change shopping habits.THE CANADIAN PRESS/Kelly Clark
A sign displays the price of a litre of regular grade gasoline at an Esso gas station as a motorist waits at a red light, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck

Canadians cutting back spending on groceries, restaurants as inflation rises: poll

Four-fifths of respondents said inflation was having a serious impact on their households

A sign displays the price of a litre of regular grade gasoline at an Esso gas station as a motorist waits at a red light, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck
In this double exposure photograph, a sign displays the price of a litre of regular grade gasoline as people fuel up their vehicles at an Esso gas station, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck

Annual inflation rate hit 5.7% in February amid broad-based price increases

Canada’s inflation rate at its highest level since August 1991

In this double exposure photograph, a sign displays the price of a litre of regular grade gasoline as people fuel up their vehicles at an Esso gas station, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck

How to protect your spending power from inflation

How to protect your spending power from inflation