inflation

As Canadians struggle to afford essential goods and services, the spoils of inflation are ending up largely in corporate profits, particularly in the oil, gas and mining industries, a new analysis reveals.

Whether it’s inflation, rising gasoline prices (which have since plummeted) or Canada’s precarious housing market, Pierre Poilievre lays the blame entirely at the feet of Justin Trudeau, writes columnist Max Fawcett.

Shoplifting has surged to an alarming level across Canada, industry insiders say, with inflation and labour shortages cited as major factors behind the increase.

Social agencies and advocates say rising interest rates and high inflation are pushing more Canadians into homelessness.

Grocery executives are disputing an accusation that grocery giants are taking advantage of inflation to drive up their own profits. 

Amid all this suffering — what we’ve been through and what’s to come — there is one statistic that marches ever upward: corporate profits, Avi Lewis writes.

People aren’t picking between Disney+ or Netflix, they’re choosing between which bills they can and can’t pay, writes NDP MP Niki Ashton.

Parliamentary budget officer Yves Giroux told members of Parliament on Monday, November 28, 2022, that the federal government did not show fiscal restraint in its recent fall economic statement.

Governments looking to provide inflation relief to Canadians should choose measures that are well targeted and temporary, says Bank of Canada governor Tiff Macklem. 

A federal Liberal cabinet minister from Alberta says he's extremely concerned that Premier Danielle Smith is moving forward with her proposed sovereignty act, which he sees as an attack on Canadian unity.

Provinces peppering the public with cash to deal with soaring prices compounds inflation rather than easing it, economists say.

When youth lend their voices and expertise to the decision-making spaces that disproportionately impact their future, they increasingly search for policies and programs that amplify their needs.

In Victoria, the province’s most expensive city, two adults working to support two children would need to make at least $24.29 an hour to afford rent, groceries and other key expenses, according to a new analysis by the Canadian Centre for Policy Alternatives.

Bank of Canada senior deputy governor Carolyn Rogers says addressing supply problems could help ease inflationary pressures but such policies wouldn't substitute the need for higher interest rates.

Any significant attempt right now to help Canadians contend with inflation would be like trying to put a fire out with gasoline, writes columnist Max Fawcett.