inflation

One of the federal government's top priorities for the year ahead involves attracting new international grocers to Canada to expand competition and drive down prices, Industry Minister François-Philippe Champagne said on Sunday as a cabinet retreat was about to begin in Montreal.

The Insurance Bureau of Canada says severe weather caused more than $3.1 billion in insured damage in 2023, the fourth-worst year on record.

Business headlines in 2023 saw a housing crisis and the fight against inflation take centre stage while the job market proved to be stronger than expected.

There's a saying in municipal politics: win snow removal, win the day. But as inflation takes a toll on tight city budgets, the price of winning that battle is rising.

Statistics Canada is expected to release its latest reading on inflation today.

Nearly seven million Canadians struggled with hunger last year, with some going without food for days amid rising inflation, says a Statistics Canada study.

Almost two in three Canadians have a negative impression of Prime Minister Justin Trudeau and half want him to resign before the next election, a new survey suggests.

Quebec Finance Minister Eric Girard is scheduled to present the province's fall economic update this morning.

Bank of Canada governor Tiff Macklem says fiscal and monetary policy are rowing in opposite directions, making it harder to bring inflation down.

There are many heartbreaking tales behind the record number of Canadians using food banks as they struggle with high inflation and mounting housing costs, says a Vancouver food bank executive.

Bank of Canada Governor Tiff Macklem warned premiers who publicly asked the central bank to not raise interest rates last month that their requests could undermine the institution's independence.

Industry Minister François-Philippe Champagne says he wishes Canadian grocers would be more forthcoming with the public about their plans to stabilize prices.

A statement from the Housing Ministry says a count of the homeless conducted in 20 B.C. communities over a 24-hour period showed an increase compared with previous counts in 2020 and 2021.

Central banks have been trying their best to convince the public that their interest rate hikes are ultimately for the greater good.

Of every dollar spent on higher prices in the last two years, 47 cents were converted into corporate profits in four industries, led by mining, oil and gas extraction.