In July, Canada’s inflation rate slowed again to 2.5%, a 40-month low. And at its policy announcement meeting on September 4, 2024, the BoC again cut its key overnight lending rate by 25 basis ...

Trump’s threatened tariffs on Canada and Mexico may boost inflation in the U.S., but there’s still “huge uncertainty” around macroeconomic forecasts, according to Deutsche Bank Research.

In 1991, the government (under then-Prime Minister Brian Mulroney) and the Bank of Canada (BoC) agreed to adopt inflation targets. Initially, the intention was to reduce inflation, as measured by ...

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 ...

Inflation grew less than expected in March, rising 2.3 per cent year over year versus forecasts of 2.7 per cent. But without the decline in gasoline prices, inflation grew 2.5 per cent in March from ...

Vanguard Group projects a similar rise in inflation, particularly for goods prices. The money manager forecasts a 4% full-year 2025 inflation rate due to U.S. tariffs and retaliation by other nations.

Should the 25% tariffs on Canada and Mexico result in a 50% pass-through, Deutsche Bank Research's core PCE forecast for 2025 would increase around 80 basis points, said Reid.