3 d. ago Food prices in Canada keep rising faster than rate of inflation

No, you haven't been imagining it: your grocery bill may have gotten more expensive recently, at least according to Loblaw's September Food Inflation report, which states that food prices have remained above the general rate of inflation due to external pressures.The report, released on Sept. 30, shows that food inflation in Canada rose 3.5 per cent in August compared to the overall Consumer Price Index (CPI) at 1.9 per cent."Much of this gap is tied to broader global factors — such as commodity volatility, higher transportation and energy costs in the supply chain, and weather-related disruptions affecting produce and meat," reads the report.One of these weather-related disruptions is due to the unusually low rainfall seen in the Atlantic provinces, Quebec, and parts of Ontario. Due to this, Loblaw said that crops like corn, soybeans, blueberries, and root vegetables were "stressed during critical growth phases," which in turn reduced yields, ...

Economics

4 d. ago Bank of Canada says ‘weaker’ economy led to September rate cut

The Bank of Canada said last month's rate cut was as the result of the country's weakening economy amid the trade war and removing most retaliatory tariffs.

Other

4 d. ago Weaker economy, end to some retaliatory tariffs spurred Bank of Canada cut: summary

A weakening economy and the removal of most retaliatory tariffs helped convince the Bank of Canada that a cut to its key policy rate was warranted. The Bank of Canada released its summary of deliberations on Wednesday from the meeting ahead of its Sept. 17 decision to cut its benchmark rate by a quarter-percentage point […]

Economics

4 d. ago Credit card fraud rising in Canada, application fraud falling: Equifax Canada report

A new report says the second quarter of the year brought a sharp rise in credit card fraud. Equifax Canada says the rate of credit card fraud jumped to 0.75 per cent in Q2 compared with 0.44 per cent a year earlier. That means out of every 10,000 credit cards, about 75 are fraudulent compared […]

Economics

5 d. ago Imperial Oil to sell headquarters in Calgary — the city with Canada’s highest office vacancy rate

Only about 1,100 workers remain at the corporate office campus

Economics

6 d. ago Canada’s economy could rebound in 2026 — but there’s a catch: report

Canada is projected to record a GDP growth rate of 1.3 per cent in 2025 and tick higher, to 1.7 per cent, in 2026, Deloitte’s fall 2025 economic outlook said.

Other

1 week ago Canada is seeing its largest retirement wave as fertility rate plummets

The boomer retirement wave, which started in 2011 when the oldest boomers turned 65, will reach its peak by the end of this decade, a Royal Bank of Canada report said.

Other

1 week ago Canada Population Growth Rate Near Zero on Immigration Curbs

Once a runaway train, Canada’s immigration-driven population growth has come to a grinding halt.

Other

1 week ago With highest office vacancy rate in Canada, Calgary still adjusting to hybrid work

As large companies in some Canadian cities push in-office mandates on employees, some Calgary companies are holding out

Other

2 w. ago Renewing your mortgage? What the Bank of Canada’s rate cut means for you

According to the Bank of Canada’s research, 60 per cent of all Canadian mortgages will be up for renewal in 2025 and 2026. What does the most recent rate cut mean for you?

Events

2 w. ago Banks cut prime rate to 4.70%, following Bank of Canada’s lead

Reduction takes effect Sept. 18

Other

2 w. ago Five key takeaways from the Bank of Canada’s rate cut decision

The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday, bringing it to 2.5 per cent after three straight holds. Governor Tiff Macklem said the central bank has shifted to worrying more about a slowing economy than high inflation. Here’s what we learned about the economy, inflation and more from […]

Other

2 w. ago What economists are saying about the Bank of Canada decision and the chance of further rate cuts

The Bank of Canada cut its benchmark interest rate to 2.5% on Wednesday

Other

2 w. ago Analysts See More Easing Ahead After Bank of Canada Cuts to 2.5%

The Bank of Canada cut its policy interest rate for the first time since March, matching the expectations of markets and many economists. With weak economic growth on the horizon and a tough outlook for job-seekers, several analysts believe the central bank isn’t done.

Other

2 w. ago Calgary proposes 5.4% residential property tax hike in 2026 budget adjustment

The overall property tax increase is proposed at 3.6 per cent but will likely be 5.4 per cent for Calgary residential property owners.

Economics

2 w. ago Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift

OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday as the central bank worries less about inflation risks and more about a slowing economy. The Bank of Canada’s policy rate now stands at 2.5 per cent, breaking a streak of three consecutive holds since March. Governor Tiff […]

Economics

2 w. ago Bank of Canada cuts interest rate to 2.5 per cent, the first cut since March

Economists largely expected the interest rate cut

Other

2 w. ago Bank of Canada widely expected to lower key lending rate today

OTTAWA — The Bank of Canada is set to announce its interest rate decision today, where it’s widely expected to lower its key lending rate. A quarter-point cut would bring the central bank’s benchmark rate down to 2.5 per cent after three consecutive holds at 2.75 per cent. The bank received a last-minute look at […]

Other

2 w. ago Economists unanimous on interest rate cut after latest inflation numbers

August’s core inflation numbers 'cemented' a rate cut by the Bank of Canada on Wednesday, says Scotiabank's Derek Holt

Economics

2 w. ago Will interest rates come down? The Bank of Canada is about to decide

The Bank of Canada is widely anticipated to cut interest rates on Wednesday after weak reports on unemployment and economic growth, as well as signs of cooling inflation.

Other