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
Should Canadians fear deflation?
What is deflation? Let’s start with the basics. During deflation, the relative value of money goes up while the relative value of goods goes down … Read More
Inflation by Province in 2014
Oil prices have fallen dramatically over the last few months, going from a summertime high of $107.68 to below $50 per barrel today. This change … Read More
Should Inflation in Canada be low?
Most advanced economies around the world have adopted inflation targets of around 2%, and it has become established wisdom that a central bank’s main task … Read More
What is Inflation Targeting?
Following almost two decades of high inflation in the 1970’s and 1980’s, inflation targeting was widely adopted by developed nations. Under inflation targeting, Central Banks … Read More
