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Descrease article font size Increase article font size The annual rate of inflation cooled to 2.8 per cent in June, marking a milestone in the Bank of Canada’s efforts to fight raging price pressures. Statistics Canada said Tuesday that the slowdown in prices was “broad-based” but attributed most of the …
Read More »‘Profits are profits’: As food prices soar, Liberal MP says Canada needs more competition
As an “unlikely alliance” between Canada’s independent grocers and the country’s three largest chains is forming, a Liberal MP is arguing that shoppers need more competition amid soaring food prices and accusations that grocery stores are at fault for higher food inflation. Read more: Grocery CEOs defend ‘reasonable profitability’ in grilling over soaring …
Read More »Statistics Canada set to release January inflation rate as fuel prices soared – National
Statistics Canada is set to release its reading on inflation for January Tuesday morning. The federal agency’s consumer price index report will give insight on how high prices were in January compared with a year ago, as well as the month prior. Canada’s annual inflation rate has been slowing since …
Read More »How rising food prices make eating healthy a big-time struggle for some Canadians
2:35 Food inflation: Rising prices make eating healthy a struggle for low-income Canadians Over a six-week period, as part of the ‘Out of Pocket’ series, Global News is examining how inflation is impacting Canadians from coast to coast. Canadians are feeling the pressure at the checkout lane as grocery prices continue …
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