The increase in the consumer price index for the month was largely due to gasoline prices, which shot up by more than 50 per cent from with a year ago.
Bank of Montreal chief economist Doug Porter said it's highly unlikely Canadians are in for a double-digit, '80s-style interest rate shock any time soon.
Statistics Canada says a number of signs point to an increasingly tight labour market in recent months, including a drop in the number of part-time workers that would prefer full-time work.
One of the most fascinating aspects of working at OBJ is the ability to monitor all facets of the local economy and piece together various data points.
Canada's economy picked up steam in the first three months of this year, driven by consumer spending, a turnaround in business investment, and the housing market, the national statistics
The rate of inflation in Canada’s capital accelerated last month, Statistics Canada reported Friday.