Canada inflation – Jobber Wiki

Statistics Canada to release GDP figures for October – National

23Dec

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Global News

Statistics Canada to release GDP figures for October – National

By Staff The Canadian Press Posted December 23, 2022 6:30 am Updated December 23, 2022 6:32 am Descrease article font size Increase article font size Statistics Canada is set to release its latest economic reading this morning. The federal agency is expected to release real gross domestic product figures for the month of October. Read more: Canada’s latest GDP report shows underlying weakness, economists warn Read More ...

Inflation, interest rates, recession? Poll finds these Canadians are worrying the most – National

1Nov

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Global News

Inflation, interest rates, recession? Poll finds these Canadians are worrying the most – National

The most vulnerable Canadians are more likely to be worried about feeding their families as high inflation and interest rates take their toll, new polling shows, while fears of a recession threaten to compound the rising cost of living. While headline inflation has abated in recent months, Ipsos polling conducted exclusively for Global News shows that 84 per cent of Canadians are still worried that inflation will make everyday things less affordable, just one percentage point lower than the survey conducted in June. Read more: More interest rate hikes are needed to tame inflation, Bank of Canada governor says Read More More interest rate hikes are needed to tame inflation, Bank of Canada gov...

Statistics Canada set to release GDP figures for June, Q2 – National

31Aug

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Global News

Statistics Canada set to release GDP figures for June, Q2 – National

Statistics Canada is expected to release its latest reading on economic growth Wednesday morning. The agency is set to release gross domestic product figures for the month of June and the second quarter of this year.A preliminary estimate for the second quarter provided in Statistics Canada’s last report pointed to 4.6 per cent annualized growth, up from 3.1 per cent for the first three months of the year.RBC says GDP likely rose in the second quarter but there are “clear signs” it began losing steam over May and June. Trending Stories The central bank has called the Canadian economy “overheated” and has been combatting high inflation with a series of interest rate hikes. Story continues below advertisement With the annual inflation r...

Rising inflation eating into young Canadians’ disposable income: ‘It’s insane’ – National

27Jul

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Global News

Rising inflation eating into young Canadians’ disposable income: ‘It’s insane’ – National

Every time Afua Deborah fills her grocery basket, it’s a shock to the system. “It’s insane seeing the price of, say, broccoli double, or something really menial, like green onions double or triple,” she said.Like many Canadians right now, groceries are putting a big strain on 28-year-old Deborah’s pocketbook, especially now that she is no longer living with her parents.The inflation rate for food, which reached 8.8 per cent in June compared to the same time last year, continues to outpace the broader rate of 8.1 per cent. Read more: Canada should help people struggling with rising food costs, advocates say Deborah, who lives in Toronto and has been working as a front-end developer for the last two years, said rent is the other major variable eating away at h...