inflation

A yuletide showing of eight maids-a-milking at a past Butchart Gardens Magic of Christmas display. American-based PNC Christmas Price Index explores the cost of the items in the popular song, The 12 Days of Christmas, with eight maids-a-milking coming in with a price tag of $58. (Black Press Media file photo)

12 Days of Christmas comes with hefty price tag as inflation drives up costs

8 maids-a-milking the lowest-priced item on the list at $58

 

A sign outside a building at Statistics Canada in seen in Ottawa on Friday, March 12, 2021. THE CANADIAN PRESS/Justin Tang

Canada’s consumer price index makes largest year-over-year leap in 18 years

Annual inflation rate rises to 4.7 per cent in October, Statistics Canada says

 

Flood waters cover highway 1 in Abbotsford, B.C., Tuesday, Nov. 16, 2021. Canadian consumers should be prepared for higher prices and even shortages of some items this holiday season due to catastrophic flooding in British Columbia. THE CANADIAN PRESS/Jonathan Hayward

Empty shelves, higher prices expected as B.C. floods disrupt supply chains

Asian goods funnel east through Vancouver, impact will be felt across the country come December

 

The Community Social Planning Council of Greater Victoria has released its 2021 living wage report, showing that two parents in a four-person family need to earn $20.46 an hour to meet basic needs. (Black Press Media file photo)

Family living wage jumps to $20.46 in Greater Victoria

Dual wage needed to meet basic needs for family of four increases by 5.52 per cent from 2019 figure

The Community Social Planning Council of Greater Victoria has released its 2021 living wage report, showing that two parents in a four-person family need to earn $20.46 an hour to meet basic needs. (Black Press Media file photo)
Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada ends quantitative easing, leaves interest rates untouched

The central bank signalled that interest rates could increase in 2022

Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick
Tampa Bay Buccaneers quarterback Tom Brady (12) points toward the sidelines prior to an NFL football game between the New England Patriots and Tampa Bay Buccaneers, Sunday, Oct. 3, 2021, in Foxborough, Mass. (AP Photo/Steven Senne)

Brady beats Belichik, sets passing yards record in return to New England

Legnedary quarterback admitted to getting emotional about facing his old team on Sunday night

Tampa Bay Buccaneers quarterback Tom Brady (12) points toward the sidelines prior to an NFL football game between the New England Patriots and Tampa Bay Buccaneers, Sunday, Oct. 3, 2021, in Foxborough, Mass. (AP Photo/Steven Senne)
A gas station is pictured in North Vancouver, B.C., Wednesday, Apr 17, 2019. THE CANADIAN PRESS/Jonathan Hayward

UPDATED: Inflation rate rises to 4.1 per cent in August, highest since 2003

StatCan says higher gasoline and housing prices fueled much of the rise

A gas station is pictured in North Vancouver, B.C., Wednesday, Apr 17, 2019. THE CANADIAN PRESS/Jonathan Hayward
A worker keeps an eye on the Oreo cookie production line at the plant that makes all the Oreos for Canada, Wednesday, February 29, 2012 in Montreal. THE CANADIAN PRESS/Ryan Remiorz

Pay the same, get less: How ‘shrinkflation’ masks price increases

Food makers are steadily shrinking package sizes to offset rising input costs

A worker keeps an eye on the Oreo cookie production line at the plant that makes all the Oreos for Canada, Wednesday, February 29, 2012 in Montreal. THE CANADIAN PRESS/Ryan Remiorz
Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada will act to cool inflation if prices run too hot, Macklem says

The central bank forecast inflation will run above 3 per cent this year

Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Sean Kilpatrick
The Bank of Canada building is seen in Ottawa on April 15, 2020. THE CANADIAN PRESS/Adrian Wyld

Majority of economists expect Bank of Canada to stay put on interest rates: survey

The Bank of Canada has held its current rate since March 2020 when the COVID-19 pandemic was first declared

The Bank of Canada building is seen in Ottawa on April 15, 2020. THE CANADIAN PRESS/Adrian Wyld
A sign outside a building at Statistics Canada in seen in Ottawa on Friday, March 12, 2021. THE CANADIAN PRESS/Justin Tang

Statistics Canada says annual pace of inflation edges up in February to 1.1%

Statistics Canada says driving much of the growth was a 5% year-over-year increase in gasoline prices

A sign outside a building at Statistics Canada in seen in Ottawa on Friday, March 12, 2021. THE CANADIAN PRESS/Justin Tang
FILE – The Statistics Canada offices in Ottawa are pictured, May 1, 2013. THE CANADIAN PRESS/Sean Kilpatrick

Annual rate of inflation rose to 0.7 per cent in October, Statistics Canada says

The increase compared with a year-over-year rise of 0.5 per cent in September

FILE – The Statistics Canada offices in Ottawa are pictured, May 1, 2013. THE CANADIAN PRESS/Sean Kilpatrick
Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. Statistics Canada will reveal today how the country’s official measure of inflation fared in August with expectations for another month of near-zero readings. THE CANADIAN PRESS/Sean Kilpatrick

Consumer price index in August hits 0.1 per cent, Statistics Canada says

The average economist estimate had been for a year-over-year increase of 0.4 per cent for August

Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. Statistics Canada will reveal today how the country’s official measure of inflation fared in August with expectations for another month of near-zero readings. THE CANADIAN PRESS/Sean Kilpatrick
Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. Statistics Canada will say today what the country’s inflation barometer read in July. THE CANADIAN PRESS/Sean Kilpatrick

Inflation rate falls to 0.1 per cent as price growth slows, StatCan reports

Statistics Canada says air travel prices fell in July by 8.6 per cent

Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. Statistics Canada will say today what the country’s inflation barometer read in July. THE CANADIAN PRESS/Sean Kilpatrick
Sample tomatoes are seen at the Jean Talon Market, Monday, January 11, 2016 in Montreal. THE CANADIAN PRESS/Paul Chiasson

Inflation rises again, hitting 2.4% in January

Gas prices rose 11.2% due to events in Middle East and coronavirus outbreak

Sample tomatoes are seen at the Jean Talon Market, Monday, January 11, 2016 in Montreal. THE CANADIAN PRESS/Paul Chiasson