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 ...

According to Statistics Canada data released on Tuesday, Canada's inflation rate increased to 1.9% per year in June, up from 1.7% in May.

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 annual inflation rate in May was unchanged from the previous month at 1.7% as a drop in gasoline costs continued to keep the overall index stable while prices of shelter, food and ...

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 ...

Canada's year-on-year inflation rate hit 1.9 percent in June, official data showed Tuesday, as the impacts of US President Donald Trump's trade war pushed up prices for certain goods.

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 was unchanged in May at an annualized rate of 1.7%. Statistics Canada said that the Consumer Price Index (CPI) was at the same level year-over-year in May as in April. The May ...

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.

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.