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U.S. inflation moved higher last month as the price of gas, groceries, hotel rooms and airfare rose, along with the cost of clothes and used cars. Consumer prices rose 2.9 per cent in August from a year earlier, the Labor Department said Tuesday, up from 2.7 per cent the previous month. It …
Read More »Inflation rate drops to 1.7% in April, driven by lower energy prices after carbon tax removal
Canada’s inflation rate eased to 1.7 per cent in April, driven by a drop in prices after the federal government removed the consumer carbon tax, according to Statistics Canada. The slowdown came after the inflation rate hit 2.3 per cent in March. Lower crude oil prices were also a factor in …
Read More »Tariffs hitting shoppers in Canada and U.S., with some prices set to rise at Loblaw stores, Walmart
A trip to the store is about to become more expensive for shoppers on both sides of the 49th parallel, as pre-tariff inventory runs out at Loblaw stores and Walmart is set to raise prices in the U.S. Loblaw Cos. Ltd. chief executive Per Bank said Wednesday in a LinkedIn …
Read More »Record-breaking cattle prices a lifeline for farmers facing inflation, trade tensions
Cattle prices have soared to what producers are calling record highs in 2025, offering long-awaited financial relief to Manitoba ranchers after years of stagnant returns and rising operational costs. Barry Lowes, a producer from McAuley in southwestern Manitoba, watched the Livestock Markets Association of Canada auction in Virden Friday, marking down prices in amazement …
Read More »Oil prices are down. It means something different in Canada vs. the U.S.
A steep drop in oil prices in the first months of the year has undermined any plans for oil companies to “drill, baby drill.” But reaction to the plunging price of crude has played out differently in Canada versus the U.S, with companies south of the border eyeing production cuts while …
Read More »Inflation in Canada cooled slightly to 2.3% in March as gas prices fell
Canadians got a break on inflation in March as gas prices fell and a slowdown in travel to the United States helped cool airfare costs, Statistics Canada said Tuesday. The agency says the annual inflation rate was 2.3 per cent in the month, down from 2.6 per cent in February. …
Read More »Despite record-high gold prices, mining exploration in Canada’s North declines
For years, gold has been the focus of Canadian mining exploration spending: the financing that backs efforts to find, assess, and potentially develop mineral deposits into mines. These efforts have established Canada as a top gold producer worldwide. And over the course of 2024, the price of gold shot up by 38 per …
Read More »When is a deal really a deal? We tracked prices at Old Navy and Canadian Tire to find out
If you walk into an Old Navy or browse online, you’re bound to find huge discounts offered and hot deals aplenty. But an investigation by CBC’s Marketplace has found some of those bargains are not what they seem. Marketplace tracked the price of items sold at two major retailers — …
Read More »Nearly half of First Nations people off-reserve say rising prices impact ability to meet expenses
In a new Statistics Canada survey, 49 per cent of First Nations people living off-reserve, 44 per cent of Métis and 44 per cent of Inuit who responded reported rising prices affected their ability to meet day-to-day expenses. The data from the Survey Series on First Nations People, Métis and Inuit, …
Read More »How the corporatization of vet clinics is driving up prices across the country
Editor’s note: This story is part of a joint investigation with the Fifth Estate, Marketplace, and Radio-Canada’s Enquete and La Facture looking at the changing pet health sector in Canada. When Maja Terzic brought her sick cat to the vet, she agreed to a few hundred dollars in blood work to hopefully find out …
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