Canada's annual inflation rate showed a surprise jump to 2.6% in February, surpassing expectations as a sales tax break that ...

Canada's annual inflation rate showed a surprise jump to 2.6% in ... Analysts polled by Reuters had forecast the yearly inflation at 2.2% and 0.6% on a monthly basis in February.

Together, these factors pushed prices up. Many Canadians, particularly those on fixed incomes, struggled. To bring inflation back down to 2%, the Bank of Canada decisively raised the policy interest ...

The surprising jump comes less than a week after the Bank of Canada cut its policy rate for the seventh ... were relatively small and the yearly pace of shelter inflation was the slowest since ...

Inflation in Canada grew at the fastest pace ... The consumer price index rose at a 2.6% yearly pace last month, the highest rate since June and up from 1.9% in January, Statistics Canada said ...

Fiona Campbell is an editor with Forbes Advisor Canada. She started her career on Bay Street, but followed her love for research, writing and a good story into journalism. She is the former editor ...

According to the Consumer Price Index, the current inflation rate in Canada is 1.8%. At a glance: Established in 1998 as a division of Manitoba’s Cambrian Credit Union, Achieva Financial is one ...

A lot of Canadians are about to get a raise this week, as the federal minimum wage for 2025 is set to increase on April 1. No ...

Bank of Canada ... inflation was still well contained tipped the scales for the governing council toward the quarter-point cut. (Sean Kilpatrick/The Canadian Press) The Bank of Canada's next rate ...