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Inflation

A sign advising shoppers of tariffs impacts is seen in a grocery store in Ottawa on Wednesday, April 2, 2025.

Tariffs, government spending, gas prices—what’s driving inflation right now?

Explore the factors behind Canada’s inflation and what economists and the Bank of Canada are monitoring.

Tariffs, government spending, gas prices—what’s driving inflation right now?

Bank of Canada Governor Tiff Macklem during a news conference

Bank of Canada cuts interest rates to combat slowing economy

The Bank of Canada lowers its interest rate to 2.5%, aiming to boost growth amid economic weakness, with more...

Bank of Canada cuts interest rates to combat slowing economy

A man pumps gas into a sedan

Inflation fell to 1.7% in July

Economists found encouraging signs in the latest inflation numbers, but are they enough for the Bank of Canada to...

Inflation fell to 1.7% in July

Statistics Canada released June inflation figures on Tuesday. A person pumps fuel in Toronto, on Wednesday, September 12, 2012.

Inflation climbs to 1.9% in June, led by surging vehicle costs

Inflation hit 1.9% in June as car prices rose. Strong job gains and steady core inflation suggest the Bank...

Inflation climbs to 1.9% in June, led by surging vehicle costs

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Construction workers work at the site of a condo tower under construction, in Delta, B.C., on Wednesday, July 2, 2025.

Canadians will see wages pick up as immigration slows, Conference Board argues

The Conference Board of Canada expects wage hikes will pick up speed in the coming years as the pace...

Canadians will see wages pick up as immigration slows, Conference Board argues

A rental sign is seen outside a building in Ottawa, Thursday, April 30, 2020.

Inflation holds steady at 1.7% in May

The latest Statistics Canada figures are a step in the right direction, but the odds of an interest rate...

Inflation holds steady at 1.7% in May

A grandfather and grandson sit in front of a Happy Birthday sign.

When do CPP and OAS pension payment increases happen around your birthday?

Luis asks when his Old Age Security payments will increase now that he is 75. We look at adjustment...

When do CPP and OAS pension payment increases happen around your birthday?

President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House on Wednesday, April 2, 2025, in Washington.

Are there tariffs on Canadian goods in the U.S.?

Carney welcomes U.S. court ruling striking down some U.S. tariffs

Are there tariffs on Canadian goods in the U.S.?

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Should we draw down my spouse’s RRIF faster?

The benefits of depleting savings to avoid estate taxes depends on many variables. But if you live a decade...

Should we draw down my spouse’s RRIF faster?

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