Canada Inflation

Why I Chose A Career In Gold

Emily Cornelius | Posted 06.30.2016 | Canada Business
Emily Cornelius

When the US went off the gold standard in 1971, all currencies essentially became fiat monies, with their value derived from the governments that issue them rather than from commodities. This was the birth of instability of floating currencies. This is why gold is powerful.Gold isn't about getting you rich, gold is about preserving value and purchasing power -- avoiding what makes you poor.

Finally, Some Good News On Food Prices

CP | The Canadian Press | Posted 06.17.2016 | Canada Business

They're not falling, but at least they're not soaring.

StatsCan Has Nothing But Bad News For Canada's Economy Right Now

CP | Craig Wong | Posted 05.20.2016 | Canada Business

Retail is down. Manufacturing is down. You know what's up though? Inflation...

Owning Stocks In Retirement Is Not As Risky As Some People Think

Tim Paziuk | Posted 03.18.2016 | Canada Business
Tim Paziuk

If you're retired and living off the interest you receive from your fixed income investments (regardless of what the interest rate is), your capital is dropping in value every day. This drop in value is not noticeable on your statement, but is certainly noticeable when spending your money.

No Relief For Canadians On Fruit, Vegetable Prices

The Huffington Post Canada | Daniel Tencer | Posted 03.21.2016 | Canada Business

The fallout from the loonie's slide continues to be felt in Canada's grocery stores. Fruit and vegetable prices kept climbing in February, Statisti...

The Money Illusion of GIC Investing

Coreen T. Sol, CFA | Posted 03.10.2016 | Canada Business
Coreen T. Sol, CFA

In today's highly volatile capital markets, investors who can't stomach the fluctuations have hunkered down in good old Guaranteed Investment Certificates (GICs) and other traditionally categorized 'low-risk' investments. Although it only pays a modest rate of return, you can always count on your money being there when you need it. Or can you?

Sweden Adopts 'Uniquely Low Interest Rate' Of Minus-0.5%

CP | The Associated Press | Posted 02.11.2016 | Canada Business

"Unfortunately the world looks different to what it did in December."

5 Suddenly Expensive Foodstuffs, According To StatsCan

CP | The Canadian Press | Posted 01.22.2016 | Canada Business

Bad news, fruit and veggie lovers.

Food Prices Push Canadian Inflation Rate Up In December

CP | The Canadian Press | Posted 01.22.2016 | Canada Business

OTTAWA -- Canada's annual inflation rate accelerated last month to 1.6 per cent -- an increase mainly fuelled by climbing prices for fresh fruits and ...

Growth On Horizon As Canada Enters Era Of Deficit Spending

Darren Sissons | Posted 11.04.2015 | Canada Politics
Darren Sissons

Spending one's way to growth is nothing new. What is new, and what is a first for almost any developed country is that Canada will be using both monetary and fiscal policy as a way to get the economy growing again at the expense of a balanced budget. For the economy as a whole, it is unequivocally good news.

Gas Prices Drop 19%, But Look What's Happening To Food Costs

CP/HuffPost Canada | Posted 10.23.2015 | Canada Business

The Bank of Canada held its key interest rate this week at 0.5 per cent as it downgraded its 2016 and 2017 outlook for the economy due to the continued fallout of low energy prices.

Canadians' Energy Costs Plunge

CP | The Canadian Press | Posted 09.18.2015 | Canada Business

OTTAWA - Canada's inflation rate in August was 1.3 per cent, unchanged from the previous month, as a drop in energy prices continued to be a moderatin...

Inflation Accelerates In Canada

CP | The Canadian Press | Posted 08.21.2016 | Canada Business

Inflation rate lower than estimates.

Gas, Food, Housing Costs Up In Latest Inflation Data

CP | Craig Wong, The Canadian Press | Posted 07.17.2016 | Canada Business

Gas prices rose sharply for 2 straight months Meat up 6.6 per cent, overall food up 3.4 per cent Core rate at 2.3 per cent OTTAWA -- The Ca...

Relief At The Pumps, Pain At The Checkout Line

CP | Andy Blatchford, The Canadian Press | Posted 05.20.2015 | Canada Business

OTTAWA - Inflation increased at the same pace for the second month in a row as the consumer price index for February rose just 1.0 per cent compared w...

Interest Rate Cut Less Likely After Latest Inflation Report

CP | Steve Rennie, The Canadian Press | Posted 04.28.2015 | Canada Business

OTTAWA - Rate cut? What rate cut?Thursday's sluggish January inflation reading from Statistics Canada is the latest signal to many economists that ano...

Thank Gas Prices For Fizzling Inflation

CP | Andy Blatchford, The Canadian Press | Posted 03.25.2015 | Canada Business

OTTAWA - The effects of the global oil slump weighed on Canadian inflation last month as falling pump prices helped slow the annual rate to 1.5 per ce...

Prices Are an Ocean Apart...For Now

Peter Hall | Posted 02.09.2015 | Canada Business
Peter Hall

Price movements have grabbed the headlines in recent weeks. Commodity prices are falling, and as always, there are various arguments about the reasons this time. The implications are serious, so the debates are warranted. But the more pressing issue is recent movement in the general price level. Overall price growth has weakened lately, and there is renewed worry about disinflation and deflation (the dreaded Ds). Five years beyond the crisis, and we are still worried about this? What's going on?

Those Soaring Meat Prices Aren't Just Your Imagination

CP | Andy Blatchford, The Canadian Press | Posted 01.21.2015 | Canada Business

OTTAWA - The country's annual inflation rate climbed higher than economists' expectations last month, accelerating to 2.4 per cent, Statistics Canada ...

Inflation Cools, But Food And Shelter Prices Still Rise

CP | Posted 08.22.2014 | Canada Business

OTTAWA -- Canada's annual inflation rate softened in July to 2.1 per cent, down from 2.4 per cent in June. Still, prices were up across the board, ...

Price Hikes Accelerate

CP | Julian Beltrame, The Canadian Press | Posted 09.17.2014 | Canada Business

OTTAWA - Canadians continue to pay more for food, gasoline and most other consumer items, Statistics Canada said Friday as the annual rate in the coun...

We Don't Have To Worry About Having Too Little Inflation Anymore

CP | Julian Beltrame, The Canadian Press | Posted 08.20.2014 | Canada Business

OTTAWA - Canada's annual inflation rate unexpectedly jumped to 2.3 per cent last month, as the continuing gain in energy prices pushed the key economi...

What Is the UK Telling Us About the Global Economy?

Peter Hall | Posted 08.11.2014 | Canada Business
Peter Hall

Growth is up, and it's looking like inflation is hard on its heels. The U.K. is charting this new course; we'd all do well to watch with interest, and to wish them well.

Energy Prices Are Taking A Bite

CP | Julian Beltrame, The Canadian Press | Posted 06.17.2014 | Canada Business

OTTAWA - A big jump in energy costs and cigarette prices helped push up Canada's inflation rate to 1.5 per cent last month, matching the highest level...

Are Prices About to Go Up?

Peter Hall | Posted 06.03.2014 | Canada Business
Peter Hall

Clearly it is a worry that five years beyond the crisis, price growth is as tame as it is. Worse yet, in many cases, recent monthly inflation is getting thinner.