15 h. ago Economists expect tariffs lifted food prices, core inflation in July

OTTAWA — Tariff impacts are expected to keep underlying inflation elevated in July, a Desjardins economist says, even if the headline figure retreats. Statistics Canada is set to report inflation figures for July on Tuesday. A poll of economists expects annual inflation cooled last month to 1.7 per cent, according to LSEG Data & Analytics. […]

Economics

4 d. ago Canada's Wonderland guests shocked by steep $60 pizza prices

Guests at Canada's Wonderland are raising concerns about the exorbitant food prices inside the amusement park after a video highlighting an extra-large pizza for a mind-boggling $60 sparked widespread backlash online. The TikTok, posted by user MJ, shows a menu at a Pizza Pizza location inside the amusement park, where a 16-inch cheese or pepperoni pizza is listed for $54.99 to $55.99 (more than $63 after tax)."How did we get here? I don't know if this is like, inflation times five, but I was flabbergasted when I saw this last weekend," MJ said in the video, which has since amassed over 240,000 views and more than 600 comments. "I honestly thought this was gonna be like, $30, $35 for like a whole cheese pizza... Who's spending $60 on cheese pizza from Pizza Pizza? Are people actually buying this?" they continued.@myplantalbum Give me your tips on how to buy food at Wonderland 😂 #canadaswonderland ♬ original sound - MJ 🪴🇵🇭The...

Economics

4 d. ago Bank of Canada Weighed Cut In July, Opted to Wait for More Data

The Bank of Canada considered cutting interest rates at its last meeting, but trade uncertainty and sticky core inflation compelled officials to hold borrowing costs steady.

Other

5 d. ago US Core CPI Picks Up on Services; Goods Inflation More Subdued

Underlying US inflation accelerated in July by the most since the start of the year, though a tepid rise in the costs of goods tempered concerns about tariff-driven price pressures.

Economics

5 d. ago Wall Street Pros See Stocks Ignoring ‘Transitory’ Inflation Rise

Economists expect the latest data on consumer prices to show an uptick in inflation, but Wall Street pros aren’t concerned that it’ll derail the latest stock market rally.

Economics

6 d. ago CHARLEBOIS: How quiet staple became Canada’s biggest food price shock

When Canadians think of food price hikes, they tend to picture meat, coffee, produce, or even chocolate. Rice rarely comes to mind. Yet in 2025, rice has quietly become the single fastest-rising food product in Canadian grocery stores — up 48.9% since January, according to Statistics Canada. That’s not a rounding error. A standard 2-kg […]

Economics

6 d. ago How prices for staple grocery items have fluctuated in Canada so far this year

The price of groceries in Canada remains a source of concern for many households, as the cost of daily essentials continues to strain budgets.The rising price of groceries is a very real worry for many shoppers in Canada, according to a new report by PwC stating that 76 per cent of Canadians worry about the rising cost of food — much higher than the global average of 59 per cent.And Canadians are worried for good reason, as prices constantly fluctuate.Grocery giant Loblaw recently published its July food inflation report, which states that food prices in June rose by 2.8 per cent compared to last year. It's a slower pace than the 3.3 per cent increase seen in May, but still higher than the headline inflation rate of 1.9 per cent.And, in addition to inflation, the tumultuous U.S.-Canada trade war continues to loom over shoppers' wallets.Using Statistics Canada's Average Retail Food Prices Data Visualization Tool, we ...

Economics

9 d. ago Trump Tariffs Are Making International Stock Markets Great Again

US President Donald Trump’s tariffs are giving international stocks a serious lift and at the same time helping to end the S&P 500 Index’s run of global dominance — at least for now.

Society

1 week ago Sweden’s Core Inflation Trails Analyst Forecasts, Backing Easing

Sweden’s core inflation rate fell slightly more than analysts expected last month, likely backing the case for the country’s central to cut interest rates later in August to support the misfiring economy.

Economics

1 week ago Loblaws grocery prices finally cooling in Canada but tariffs could reverse trend

Grocery shoppers in Canada experienced a bit of relief in June, but Loblaw's latest report says that could easily change with the ongoing tariffs spat.According to the grocery giant's July food inflation report, food prices in June rose by 2.8 per cent compared to last year. It's a slower pace than the 3.3 per cent increase seen in May, but still higher than the headline inflation rate of 1.9 per cent.Loblaw says the drop in fresh vegetable prices, which fell by 3.1 per cent, helped ease cost pressure on grocery bills, encouraging shoppers to buy local heading into the summer."The summer months bring some of the best quality and lowest pricing options for certain fresh produce for Canadians," reads the report.Veggies like locally grown lettuce, celery, beans, eggplant, and zucchini come into season, hopefully lowering your grocery bill."As international options include higher freight costs and foreign exchange rates, during peak growing seas...

Economics