“They will lose money. The value of their savings is decreasing.”
Economist says the numbers last month were actually lower than expected
39-year high inflation is something most in university have never had to deal with
Statistics Canada set to release latest inflation data on July 20
Canadian dollar dropped to a low of 75.62 cents US
Inflation hit a 39-year-high of 7.7 per cent in May
Deputy PM says transitioning from fossil fuels is an “insurance policy” against higher energy prices
Extra charge topping 40 per cent for some carriers
About a third of people who rely on Canadian food banks are children
Fears arise that high inflation, weak job market could combine in a toxic brew not seen in decades
Economist says to expect food prices to stay high for another year
Issue not new, but proliferates in times of high inflation as companies grapple with rising costs
Burger index used as gauge of countries’ purchase power parity
Gasoline prices are showing no signs of letting up as the average…
Inflationary domino effect sees gas prices raising shipping costs, which then hike price of goods
‘The economy needs higher rates and can handle them’
Millennials, Gen Z early in careers, haven’t weathered other financial storms
Highest reading since inflation hit 6.9 per cent in January 1991 when the GST was introduced
PM: ‘We put forward a plan to address the housing crisis that too many families are living through’
Jump implemented in attempt to battle rising inflation