A surprise jump in inflation and a flood of "noise" in the economy may push the Bank of Canada to pause its interest rate ...
Canada’s inflation rate jumped to 2.6 per cent in February from 1.9 per cent the month before as a federal tax holiday came to an end mid-month. The removal of the goods and services tax (GST) and the ...
But at the most basic level, inflation is about demand and supply. When demand for goods and services is greater than supply, prices tend to rise more quickly. To measure inflation every month, ...
Canada's annual inflation rate rose to a higher than expected 2.6% in February, on broad-based increases, including the end ...
known as demand-pull inflation. This can be summed up as “too many dollars chasing too few goods.” The Bank of Canada has repeatedly said that demand is too strong. Subsequently, it has raised ...
TORONTO (Reuters) -Canada's annual inflation rate rose to a higher than expected 2.6% in February, on broad-based increases, including the end of the GST/HST holiday on food and certain other items, ...