Month-over-month inflation rates fell by -0.3% in retail and -4.5% in restaurants. But this does not mean food became genuinely cheaper. Quite the opposite. The GST holiday’s impact has created a ...
A tariff on Canadian natural gas would mostly be passed through to consumers, including through higher power prices.
On balance, this should be enough for the Bank of Canada to cut rates by another 25 basis points next week. U.S. banks' fourth quarter earnings season has further reinforced the positive share price ...
As Canada prepares for a potential trade war with its southern neighbour over the threat of sweeping tariffs by U.S. President Donald Trump, an economist with RBC says Canada’s domestic economic ...
Canadian retail sales in November were flat compared with October, but an early estimate by Statistics Canada pointed to a rebound in December which saw the start of Ottawa's GST/HST holiday.
Canada's food inflation hit a historic low in December 2024, driven by the GST Holiday, but temporary relief highlights deeper market pricing complexities.
Canada's inflation rate declined to an annualized rate of 1.8% in December amid growing signs that the economy is slowing down. The December inflation reading is below the 2% annualized target set by ...
At CIBC Economics, Andrew Grantham said that inflation data will be harder to dissect when the January figures are known, as ...
“The Bank of Canada’s job is still far from done even after the cumulative 175 basis points of rate cuts from the five per ...
Good morning. U.S. President Donald Trump has ordered a review on trade with Canada, Mexico and China by April 1, while ...
Canada’s inflation rate eased to 1.8% in December, increasing the likelihood of a Bank of Canada rate cut this month, ...
This expectation is driven by the continued fall in inflation, anchored inflation expectations, and weaker economic indicators from November 2024. Additionally, potential tariffs proposed by President ...