BoC may have to raise interest rates again this summer given recent momentum, economists say
Momentum in the Canadian economy is spurring speculation that an interest rate hike is on the way, but economists don’t expect the Bank of Canada
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Jimmy Jean
Canada’s inflation rate is expected to fall significantly this year. Here’s why
Inflation, which first began creeping higher in 2021, took off dramatically last year and peaked at 8.1 per cent in the summer.
Ottawa-Gatineau’s unemployment rate edges up to 4.2% in October
In its latest labour force survey, Statistics Canada said Friday that the unemployment rate for last month held steady at 5.2 per cent as more
Inflation skyrockets to highest level in nearly 40 years as gas prices soar
The agency said its consumer price index in May rose 7.7 per cent compared with a year ago, its largest increase since January 1983 when
‘I’m losing sales’: As Ottawa’s inflation rate soars, businesses are feeling the pinch
Capital’s annual rate of inflation hit 7.5 per cent in March, Statistics Canada said Wednesday, and local entrepreneurs say it’s getting harder and harder to
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