inflation

The federal government announced $59.5 billion of new spending over the next five years as part of a narrowly focused budget that also promises to find savings in the public service and increase tax revenues.

A second top-up to GST rebate cheques for low-income Canadians and "significant" new tax measures to keep Canada in the green technology game will be among the highlights in Finance Minister Chrystia Freeland's federal budget on Tuesday.

Finance Minister Chrystia Freeland is set to table a federal budget in the House of Commons on Tuesday afternoon, which a federal source says will include plans to go after predatory lending and more details on dental care as part of a pitch to make life more affordable.

The New Democrats have used their agreement with the Liberal government as leverage to push for more ways to save Canadians money in the next federal budget, leader Jagmeet Singh says.

The coming federal budget should lower taxes, cap spending and make it easier to build new houses, Conservative Leader Pierre Poilievre said on Sunday, March 12, 2023, as he pinned blame for current economic woes on the Liberals.

Canadians didn’t get the full picture when supermarket CEOs, who are raking in record profits, testified before a parliamentary committee tasked with investigating the drivers of sky-high food prices, an economist and tax specialist said. 

The CEOs and presidents of Loblaw Cos. Ltd., Metro Inc. and Empire Co. Ltd. — which operates chains including Sobeys, Safeway and FreshCo — are set to testify before the House of Commons agriculture committee Wednesday evening as part of its study on food inflation.

Prince Edward Island residents will go to the polls on April 3, thanks to an early election call on Monday, March 6, 2023, from Progressive Conservative Premier Dennis King.

British Columbia Premier David Eby announced another round of the BC Affordability Credit on Saturday, February 25, 2023, to help offset inflation costs as he marked 100 days at the province's helm.

Prime Minister Justin Trudeau says the federal government is looking at how it can provide targeted aid to farmers who are struggling with inflation.

Inflation has eroded purchasing power for many Canadians, but the experience with rapidly rising prices has been far from uniform.

It's no secret what Pierre Poilievre thinks about government spending and inflation.

As Ottawa marks one year since the "Freedom Convoy" arrived in the national capital, Prime Minister Justin Trudeau said he understands the anger and concerns protesters have while also promising "good, long-term jobs" as a way to relieve pressures Canadians are facing.

Economic matters will be top of mind for parliamentarians as they return to Ottawa to kick off a new year in federal politics.

The Liberal cabinet will head into the second of a three-day retreat in Hamilton today with a lengthy to-do list, including tackling inflation and making the country more competitive.