Annual inflation peaked at 8.1 per cent in June 2022, well above the bank’s 2 per cent target.
interest rate hike
July 18, 2023
1:10PM
Even after inflation is brought to heel, Canadians should not expect interest rates to return to pre-pandemic levels.
July 18, 2023
3:30AM
We’ve seen a steady erosion of per-capita GDP growth and persistent government deficits.
March 30, 2023
10:26AM
By 2028, the federal government will add a projected $131.8 billion in debt.
October 27, 2022
2:31PM
Ottawa is spending nearly one-third more than it was in 2019 before the pandemic.
August 25, 2022
9:41AM
The overall employment rate hasn’t recovered to 2019 pre-COVID levels.
June 14, 2022
4:02PM
Persistent labour shortages are helping drive up costs.
April 13, 2022
9:47AM
Ramping up interest rates at this juncture places more of the burden of fighting inflation on consumers.