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
Canadian Food Prices Likely To Continue Their Climb
Most Canadians cannot help but notice that prices at the supermarket are on the rise. Everything from apples and cheese to beef, pasta and fish … Read More
Understanding Inflation in the Global Economy
Inflation is largely understood within the confines of a closed economy. Yet, the very idea of a closed economy is increasingly theoretical. Global trade is … Read More
Factoring Inflation Into Your Retirement Plans
Inflation is certainly a thorn in the side of our retirement plans. The average Canadian can expect to live for about 82 years and according … Read More
Core Inflation Spikes Unexpectedly in March Despite Cheap Gas
Friday StatCan released the Consumer Price Index (CPI) numbers for March. Year-over-year, Canada’s CPI was up 1.2%. Prices rose broadly across much of the economy, … Read More
Is Inflation Eroding Our Wages?
In order to maintain our standards of living, wages must grow as fast as prices rise. Otherwise, inflation eats away at our wages and we … Read More
Lower Loonie: Winners & Losers
Canada has been known for being one of the most financially stable countries in the world, and this rings especially true since Canada is one … Read More
How does inflation affect exchange rates?
In the last few months we have seen some major changes in Canada’s economic landscape. Canada’s inflation rate fell from 2 percent in November to … Read More
The link between inflation and interest rates
Canada’s central bank surprised many when it lowered it’s trend-setting overnight rate from 1 per cent to just 0.75 per cent on January 21st. The … Read More
Canada’s inflation rate drops to 1.5% as gasoline prices plunge 9.6% in December
Responding to lower than expected growth and inflation, Canada’s central bank lowered its benchmark rate from 1 per cent to 0.75 per cent on Wednesday. … Read More
