Inflation expected to ease to 2.1%, lowest level since March 2021: economists
Economists anticipate that Canada’s annual inflation rate in August fell to its lowest level since March 2021.
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Canada’s inflation rate fell to 2.5% in July, lowest since March 2021
Canada’s annual inflation rate fell to 2.5 per cent last month, matching forecasters’ expectations as price pressures continue to retreat.
Economists expect July inflation data to set the stage for more rate cuts
Canada’s inflation rate likely took another dip last month, according to economists who expect the Bank of Canada to continue cutting interest rates throughout the
BoC’s Macklem says he wants growth to pick back up as bank cuts key rate again
The Bank of Canada cut its key interest rate for a second consecutive time on Wednesday, but warned the path back to two per cent
Extreme weather hit profits at over half of Canadian businesses: survey
The survey of 350 business owners and executives by KPMG in Canada found 92 per cent fear their company will feel the impacts of extreme
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