Canada's Inflation Rate

• Majority of Canadians think country is in recession, new polls shows

  More than 80 per cent of Canadian respondents said they believe prices will keep going up, and 59 per cent say they think Canada is in an economic recession.

  Economy

  Jul 12, 2022
  
• Canada’s dairy farmers seeking another milk price hike amid inflation

  The industry lobby group says farmers are facing never-before-seen price increases on goods and services they need to produce milk.

  Consumer

  Jun 4, 2022
  
• Advertisement
• Canadian restaurants grapple with staff shortages, rising costs

  Restaurants are reducing hours and condensing menus as persistent staff shortages and spiking costs threaten to derail the industry's comeback from COVID-19 restrictions.

  Economy

  May 15, 2022
• Advertisement
• Higher gas prices push Canada’s inflation rate to 1.2% in July

  Statistics Canada's latest inflation number was up from one per cent in June - which had represented the data point's lowest mark in almost two years.

  Consumer

  Aug 18, 2017
• Gas prices slow Canada’s inflation rate in May

  Statistics Canada says the May inflation rate was also lower than April's reading of 1.6 per cent because prices declined in categories such as electricity, bakery products and Internet access services.

  Consumer

  Jun 23, 2017
• Inflation rate 1.6% for second month in a row amid higher energy prices, lower food costs

  The country's annual inflation rate once again rang in at 1.6 per cent last month as higher energy costs offset a seventh consecutive monthly decline in grocery prices.

  Canada

  May 19, 2017
• Gas prices are up but consumers are paying less for food, January inflation rate shows

  Statistics Canada says the higher cost for transportation was the contributor to the higher inflation rate, with gas prices experiencing a 20.6 per cent boost compared to the year before.

  Consumer

  Feb 24, 2017
• Canada’s inflation rate edges up to 1.5% in October

  Statistics Canada says the consumer price index in October was up 1.5 per cent compared with a year ago.

  Consumer

  Nov 18, 2016
• Advertisement
• Bank of Canada, Ottawa renew 2% inflation target agreement

  The deal is set to last for another five years.

  Money

  Oct 24, 2016
• Advertisement
• Canada’s inflation rate ticks up to 1.3% in September

  Analysts had expected the September result to be 1.5 per cent.

  Economy

  Oct 21, 2016