inflation

Quebec’s spring budget includes a one-time payment of $500 to every adult earning $100,000 or less to help offset the impact of inflation, and the cash is scheduled to arrive a few months ahead of the provincial election.

With inflation spiralling, gas prices soaring and the soil of Ukraine now sown with the seeds of another great-powers conflict, the White House issued a pointed reminder on Tuesday, March 15, 2022, about another international crisis the United States isn't quite done with yet: COVID-19.

The annual Leger survey of economic confidence found that nearly two in every five respondents rated the economy as being good or very good, which was up from the same survey last February.

Newly released documents show the Finance Department last year warned that the pace of price increases could gain speed, even as the Liberal government and central bank maintained that inflationary pressures were temporary.

Canadians will soon get an update on the health of federal finances and the government's outlook for an economy facing high inflation rates, flooding in British Columbia and the emergence of a new variant of COVID-19.

At some point, the reality of climate-driven inflation will become apparent to even the most stubborn observer, writes columnist Max Fawcett.

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 head of the Bank of Canada is warning that the faster pace of price increases may persist longer than first thought, and slow the pace of Canada's economic recovery, as global supply-chain issues weigh on the domestic economy.

For almost as long as the government has been spending money to help Canadians weather the pandemic, Conservative MP Pierre Poilievre has been warning about the dangers of that spending, writes columnist Max Fawcett.

The question of who would make life more affordable for was Wednesday's hot topic on the campaign trail.

Justin Trudeau's political opponents took aim at him on the campaign trail on Wednesday, August 18, 2021, over the cost of living, facing broadsides from Conservatives for the decade-high pace of price growth and the NDP for high housing prices.

The election spotlight could shift today, August 18, 2021, to Canada's pandemic-ravaged economy and debt-laden federal finances as Statistics Canada reveals its consumer price index for July.

The Bank of Canada kept its key interest rate on hold on Wednesday, October 28, 2020, as it said the country's economy won't fully recover what was lost to COVID-19 until 2022, with the road to there dependent on the path of the pandemic.

Oil-producing countries including those of the OPEC cartel and Russia are trying to strike a global deal to pump less crude in a bid to limit a crash in prices that, while welcome for consumers, has been straining government budgets and pushed energy companies toward bankruptcy.