inflation

The federal government is hoping a temporary break on GST will address a "vibecession" that has gripped Canadians, Finance Minister Chrystia Freeland said on Monday.

The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation's economy is actually doing a lot better.

A single reported case of scurvy in a country of over 40 million people stands out as a story because it points to an underlying social, political, and economic deficiency reality that so many can identify with – that in a rich country, there are in fact many people who can’t afford to meet basic needs, including the most basic need of all, healthy food.

Blaming the carbon tax is a useful talking point to distract people in Canada from the role of corporate-dominated global supply chains in climate change and the real causes of food price inflation.

Alberta Premier Danielle Smith might not like Justin Trudeau, but she needs him more than anyone else in Canada. 

A new Leger survey found that almost 30 per cent of Canadians believe food inflation has been primarily caused by grocery stores trying to increase profit margins. Another 26 per cent think it’s mostly due to global economic factors, while one in five blame the federal government

Higher food prices are becoming the new normal. One solution is for workers to bargain hard so their wages catch up.

Bank of Canada governor Tiff Macklem navigates a political minefield every time he testifies before the House of Commons finance committee.

Justin Trudeau came to Vancouver to announce a "renters bill of rights" and other pro-affordability measures. But the details are decidedly underwhelming — and might just end up adding insult to the considerable injuries renters have endured.

The wind gusting across north German farm country brings much to the village of Sprakebuell: fog and rain from the sea, the occasional migrating stork, the faint smell of manure in the newly fertilized fields.

Inflation is on track to end 2024 below two per cent, and interest rate cuts are almost surely on their way sooner than that. So why do the provinces keep doing things that drive up the cost of living — and will Pierre Poilievre ever call them out?

Quebec's finance minister says the budget he is expected to present later today will be "restrained" amid what he describes as a provincial economy in stagnation.

The parliamentary budget officer is projecting inflation will return to the Bank of Canada's two per cent target by the end of the year and the federal deficit will grow amid weakening economic conditions.

Health care and education came out ahead on Thursday in a generally restrained Alberta provincial budget forecasting a paper-thin surplus that could easily go up in smoke.

Manitoba's NDP government touted its recent fuel-tax cut as an inflation-buster on Tuesday, while the Opposition Progressive Conservatives accused the government of letting costs rise elsewhere.