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Canada, inflation
Canada's annual inflation rate drops to 1.8% in December on sales tax relief
Karen Vasquez, 44, walked out of jail in Cuba on Sunday, part of a deal brokered by the Vatican under which the Biden administration would loosen sanctions on the communist-run island, while Havana would release more than 500 people from its jails who are considered political prisoners by Washington.
Canada Inflation Eases to 1.8% Thanks to Tax Break
Stripping out the effects of the tax holiday, annual inflation ticked up for December to 2.3%.
Annual inflation rate in Canada eases to 1.8% in December
The annual inflation rate in Canada eased to 1.8% in December from 1.9% in the previous month, slightly below market expectations that it would remain at 1.9%. The annual core inflation rate in Canada which excludes eight of the most volatile components such as food,
Canada Inflation Dipped In December To 1.8%
Canadian inflation fell 0.1 percentage points to 1.8 percent in December as a brief sales tax holiday on selected consumer goods kicked off, the government statistical agency said Tuesday.
Canada's inflation rate fell to 1.8% in December, with prices declining during GST break
Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada said Tuesday.
Instant View: Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%. Market reaction: [CAD/] Link: COMMENTARY DOUG PORTER,
Inflation in Canada Eases to 1.8% on Trudeau Sales Tax Break
For the first time since 2019, Canadian inflation stayed within the central bank’s target range for a full year, a mark of achievement for policymakers ahead of a potential tariff war that threatens to derail their progress.
As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts
Canada's annual inflation rate ticked lower in December, thanks in part to Ottawa's temporary GST tax break, but economists still see interest rate cuts on the horizon as potential tariffs loom.
VIEW Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%.
US imports from Canada, Mexico in 2024
Trump Tariff Threat Looms Over Bank Of Canada As Inflation Cools
Canadian inflation cooled to 1.8% in December, but with the threat of US tariffs on the horizon, are more BoC rate cuts ahead? Robert Both, Senior Macro Strategist, TD Securities, discusses.
US imports from Canada, Mexico in 2024 as tariff threat looms
As U.S. President Donald Trump mulls imposing 25% duties on imports from Canada and Mexico on Feb. 1, focus has shifted to the sectors likely to bear the brunt of the tariffs.
Trump's tariffs on Mexico, Canada: Companies that have raised alarms
On his first day back in office, President Donald Trump reiterated plans to impose levies on products from Mexico and Canada despite concerns from the retail industry.
10h
Trump tariffs 2.0: Economists brace for potential inflation
With President Trump's return to office earlier this week, economists are now bracing for the aggressive tariffs he promised on the campaign trail.
6h
Trump’s tariff threat may force Bank of Canada to cut key rate next week, despite inflation worries
Money markets, many economists, predict a 25-basis point cut to the Bank of Canada's key interest rate at its meeting next Wednesday.
Retail Insider
14h
Canada’s Food Inflation Drops to Record Low Amid GST Holiday
Canada's food inflation hit a historic low in December 2024, driven by the GST Holiday, but temporary relief highlights deeper market pricing complexities.
17h
How will Trump try to fix inflation? Experts say he'll focus on these areas.
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal ...
2d
Trudeau Says Canada Will Respond to US Tariffs as Ontario's Premier Says Trump 'Declared War'
Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid ...
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