Annual consumer price growth fastest in Alberta
Prices rose 3.1% year over year in Alberta and 2.8% across Canada
Prices rose 3.1% year over year in Alberta and 2.8% across Canada
Alberta retail sales trended higher in July
Increase led by gasoline stations and food and beverage stores: StatsCan
Increase led by gasoline stations and food and beverage stores: StatsCan
Alberta’s annual inflation rate highest of all provinces
The province's Consumer Price Index rose by 3.5% in July. Nationally, the CPI rose 3.0% on a year-over-year basis: StatsCan
The province’s Consumer Price Index rose by 3.5% in July. Nationally, the CPI rose 3.0% on a year-over-year basis: StatsCan
Alberta’s annual inflation rate among highest in country
StatsCan says seven of eight major components rose nationally, led by transportation. Household operations and furnishings was the lone major component to decline
StatsCan says seven of eight major components rose nationally, led by transportation. Household operations and furnishings was the lone major component to decline
Shrinkflation: to control costs, food companies shrinking packaging
When costs rise, a food company has three options: raise the price, make smaller packages or change the ingredients
When costs rise, a food company has three options: raise the price, make smaller packages or change the ingredients
Quit blaming workers for rising inflation
By raising interest rates, central bankers are moving away from one of their prime purposes: to maximize employment
By raising interest rates, central bankers are moving away from one of their prime purposes: to maximize employment
3 reasons why we don’t need to worry about inflation
Central bankers and Finance Ministers are less worried about inflation than they are about reviving growth
FINLAYSON: Central bankers and Finance Ministers are less worried about inflation than they are about reviving growth
A lower Canadian dollar will benefit Ontario’s economy but …
There will be winners and losers, including the poor consumer
DI MATTEO: There will be winners and losers, including the poor consumer
The high cost of low food prices
Higher prices would allow the industry to innovate and educate consumers to the fact that food should not be taken lightly
Higher prices would allow the industry to innovate and educate consumers to the fact that food should not be taken lightly.
Interest rate forecast for January 2014
Little change to the interest rate forecast is expected but five-year fixed mortgage rates should fall slightly
Little change to the interest rate forecast is expected but five-year fixed mortgage rates should fall slightly.