Statistics Canada released August inflation data this morning. While the overall numbers appear muted, low energy prices mask growth in other components of the consumer price index … Read More
Inflation Remains Lacklustre in July
This morning Statistics Canada released inflation data for the month of July. The consumer price index climbed 0.1% for the past month, following an increase … Read More
Higher Energy Prices Spur Inflation in June
Statistics Canada released June inflation data this morning. The consumer price index climbed 0.2% in June and is 1% higher than a year earlier; this … Read More
Canadians Mostly Sheltered From Greek Crisis
In Greece, tax evasion is a cultural norm that goes back to the occupation of the Ottoman Turks and the heavy taxes they imposed. Today, … Read More
Rising Cost of Food Drives Inflation in May
Statistics Canada released May’s inflation figures this morning, the consumer price index rose 0.6% in May. On a year-over-year basis, the consumer price index increased … Read More
Gold and The Birth of Inflation
Ben Bernake, former chairman of the Federal Reserve, has famously said that ‘no one really understands gold…including himself.’ You can’t eat or drink it or use … Read More
Engineering Inflation: How Much do the Numbers Really Mean?
If you feel like the pint-size inflation numbers reported by Statistics Canada over the past quarter century do not really capture your experience as a … Read More
Why Canada Needs to Pay Attention to Inflation and Interest Rates South of the Border
Historically, economic growth here in Canada has been highly correlated with growth in the United States. In fact, the bordering countries are the world’s largest … Read More
Inflation Lags in April Due to Falling Energy Prices
This morning StatCan released sluggish Consumer Price Index numbers for April. For the year ending in April 2015, the CPI rose 0.8% versus a rise of 1.2% for … Read More
Low Inflation and the Growth of Personal Debt in Canada
Growing Household Debt Recent headlines have touted the dangers of rising personal debt in Canada. Personal or household debt includes mortgages, credit cards, auto loans, student … Read More
