Scientists demand raise from federal government
Hundreds of scientists and researchers are expected to gather on Parliament Hill today, August 11, 2022, to call for a raise.
inflation
As food prices climb, some Canadians juggle feeding themselves and supporting family abroad
Nearly 15 per cent of Canadian residents send money to relatives abroad each year. Climbing food prices are making it harder to send enough home.
Higher prices hit different for young people
Young people are feeling the pinch of inflation more than their older counterparts, as the ever-increasing cost of living in Toronto is forcing some to rethink their plans.
If we have a recession, it will be one engineered on purpose
Perhaps it’s time to challenge the old orthodoxy because the Bank of Canada is unlikely to reach its target of two per cent inflation without causing a recession.
Food prices in Canada 8.8 percent higher than last year and people are struggling
With the cost of living rising at the fastest pace in decades, Canadians struggling to put food on the table are turning to community organizations for help.
At Tungasuvvingat Inuit food bank, community helps community
At Tungasuvvingat Inuit in Ottawa, communal feasts and gatherings are built into the culture of the community food bank.
Most Canadians think country is in a recession and prices will keep rising
Most Canadians believe the country is in a recession and that prices are going to continue to rise for the foreseeable future, according to a new poll.
Higher energy prices harmful to families, should encourage green transition: Freeland
Deputy Prime Minister Chrystia Freeland said the federal government is absolutely concerned about inflation, but dismissed critics who called her callous and out of touch for suggesting the high cost of gas is a reminder of why we need to transition to greener energy solutions.
How you can cut your grocery budget — and emissions
Grabbing groceries before they get trashed has a green side-effect, too: reducing food waste cuts down on planet-warming greenhouse gas emissions, research shows.
What’s driving inflation? The fossil fuel economy
For all the talk about deficits, supply chains and other knock-on impacts of the COVID-19 pandemic, oil and gas have applied the bulk of the inflationary pressure on both global economies and household budgets, writes columnist Max Fawcett.
How the Liberal-NDP agreement changed Parliament Hill political dynamics
A confidence and supply agreement reached between the Liberals and NDP three months ago changed the dynamic of the House of Commons, even in a parliamentary sitting that will mainly be remembered for the axing of another Conservative leader, and the further polarizing of Canadian politics by a convoy against pandemic restrictions.
Memo to Liberals: It’s still the economy, stupid
In the absence of some way to end the conflict in Ukraine or magically clear up global supply chain issues, the government is left to manage a crisis it can’t really control, writes columnist Max Fawcett.
Gas prices are sky high but people are still buying. 'Demand destruction' hasn't hit yet
The reason that pump prices in this country aren’t yet reflecting a reduction in demand, Muralidharan said, is that U.S. driver demand is still so high. Because North American fuel refiners have the option to sell into either the Canadian or U.S. markets, as long as demand remains high south of the border, fuel prices in this country will remain elevated.
Canada's top bank says economy can withstand higher interest rates
High household debt and elevated housing prices have become bigger vulnerabilities in the past year, but the economy can still handle the rising interest rates needed to tame inflation, Bank of Canada governor Tiff Macklem said on Thursday, June 9, 2022.