cost of living

Inflation Up Slightly Nationally, and Down Slightly in Saskatchewan.

Inflation Up Slightly Nationally, and Down Slightly in Saskatchewan.

Apr 16, 2024 | 9:05am
The inflation rate ticked up from 2.8 per cent in February to 2.9 per cent last month as we paid more for gasoline. Statistics Canada reports gas prices rose 4.5 per cent from a year ago, partly due to an increase in global oil prices. Shelter prices rose up 6.5 per cent, mortgage interest costs jumped 25.4 […]
February inflation rate slows to 2.8% as price growth unexpectedly eases

February inflation rate slows to 2.8% as price growth unexpectedly eases

Mar 19, 2024 | 8:04am
Canada’s annual inflation rate unexpectedly fell to 2.8 per cent last month, amid sharp declines in cellular and internet services as well as slower grocery price growth. Statistics Canada released its February consumer price index report Tuesday, which shows price growth softened for a second consecutive month. Economists were widely expecting Canada’s inflation rate to have risen above January’s […]
Bank of Canada holds key rate steady at five per cent, says too early to cut

Bank of Canada holds key rate steady at five per cent, says too early to cut

Mar 6, 2024 | 9:03am
The Bank of Canada is holding its key interest rate steady at five per cent today, arguing it is still too soon to start lowering rates. The central bank says inflation has continued to ease and the economy is weakening but underlying price pressures are still persistently high. Canada’s inflation rate dropped to 2.9 per […]
Canada’s annual inflation rate climbs to 3.4% in Dec

Canada’s annual inflation rate climbs to 3.4% in Dec

Jan 16, 2024 | 8:29am
Canada’s annual inflation rate rose 3.4 per cent in December, largely reflecting a sharper decline in gasoline prices a year ago compared to last month. The federal agency released its consumer price index report Tuesday, showing inflation ticked up from 3.1 per cent in November. Economists were widely expecting this rise due to a base year effect, which refers […]
Gas tax paused in Manitoba, returns in Alberta at a lower rate

Gas tax paused in Manitoba, returns in Alberta at a lower rate

Jan 2, 2024 | 8:30am
As one province pauses the gas tax to provide savings at the pumps, another is bringing it back.  The Manitoba government says that starting Monday, motorists won’t have to pay 14 cents per litre in fuel tax for the next six months. The province has said it introduced the measure to help motorists with inflation. […]