Statistics Canada is scheduled to release October's inflation rate today, November 17, 2021, in the shadow of economic warnings that the pace of price growth is likely to accelerate.
The cost to put food on the table and gasoline in the car pushed up the cost of living in September, lifting the annual pace of price increases to a near two-decade high with no clear end in sight to the elevated readings.
The Canadian economy sprinted to the finish line of 2020 with nearly double-digit growth in the fourth quarter, ending its worst year on record on a strong note that has continued into the start of 2021.
The federal Liberals could add billions in spending and keep federal finances sustainable over the long run, Parliament's budget watchdog says in a report that begins to set the stage for Finance Minister Bill Morneau's upcoming budget plan.
The head of one of Canada's largest banks is urging the federal government to stem the flow of investment capital from this country to the United States — because, he warns, it's already leaving in "real time."
The potential dismantling of the North American Free Trade Agreement poses the biggest risk to Canada's railways not benefiting this year from healthy economies and higher demand to move crude oil, say industry observers.