Paul Volcker wanted to tame inflation and the Bank of Canada followed suit. The prime rate, which had fallen to 12.25% in July 1980 jumped to 22.75% by August 1981. A five-year fixed rate mortgage ...

Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada ...

Changes in domestic interest rates affect the value of the Canadian dollar less than changes in the risk premium do. These ...

Learn more about our advertising and trusted partners. Canada’s annual inflation rate was 1.8 per cent in December, Statistics Canada says. The agency also released rates for major cities ...

Canada’s inflation rate dropped to 1.8 per cent in December from 1.9 per cent a month earlier, as the impact from a temporary GST/HST break introduced by the federal government tamped down price ...

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 ...

OTTAWA, Jan 21 (Reuters) - Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off in the middle of the month and brought down ...

Economists polled by Reuters had expected inflation to come in at 1.9 per cent in December ... and we continue to expect a 25 basis point reduction in interest rates from the Bank of Canada next week.

Canada's inflation rate cooled to 1.8 per cent in the final month of 2024. British Columbians, however, are dealing with the highest inflation rate among all the provinces.alexsl / iStock / Getty ...

President Trump’s tariffs on Canada, China and Mexico could upend U.S. trade. These nine charts show what’s at stake, what ...

As a result, the cost of food purchased from restaurants declined 1.6 per cent year-over-year in December, the first such decline in the index’s history. “Roughly 10 per cent of the inflation ...