Insights and Stories on Inflation

Canada’s inflation eases to 1.6 per cent, increasing chances of 50 bps rate cut

Oct. 15, 2024 at 10:23 am CDT

Canada's annual inflation rate slowed more than expected to 1.6 per cent in September, data showed on Tuesday, prompting markets to increase bets of a 50 basis point rate cut next week. The easing of inflation, which was mainly led by a huge drop in the price of gasoline, was the smallest annual increase in consumer prices since February 2021, Statistics Canada said.

Dairy sector set to stabilize in 2024: FCC

Feb. 13, 2024 at 4:19 pm CST

By Geralyn Wichers

Canada’s jobs growth stalls in December as wages accelerate

Jan. 5, 2024 at 10:47 am CST

By Ismail Shakil Reuters Steve Scherer

World food price index ends 2023 some ten per cent below 2022 levels

Jan. 5, 2024 at 9:51 am CST

By Maytaal Angel Reuters

Canadian food inflation to slow through 2024, report says

Dec. 7, 2023 at 1:21 pm CST

By Gord Gilmour

Farmgate milk price hike delayed to May

Nov. 1, 2023 at 2:38 pm CDT

The farmgate price of milk will go up May 1, 2024, rather than Feb. 1, after a review of the national pricing formula and consultation with stakeholders. The increase will be 1.77 per cent, or about 1.5 cents per litre for milk going into processing plants, the Canadian Dairy Commission […]

By Karen Briere

Bleak 2024 seen for Canadian beef sector

Oct. 27, 2023 at 9:33 am CDT

A recent report by the United States Department of Agriculture paints a grim picture of Canadian beef cattle numbers in 2024. According to a western Canadian market analyst, most of that forecast checks out. The report, published by the USDA’s Foreign Agricultural Service office in Ottawa in late September, predicted […]

By Jeff Melchior

Anxiety over cost of food on the rise: CCFI

Oct. 17, 2023 at 4:56 pm CDT

When asked which life issues they were most concerned about, 54 per cent flagged the cost of food as a top concern—up from 51 per cent last year, the report said.

By Glacier FarmMedia staff

Major grocery chains agree to help stabilize prices, feds say

Sep. 18, 2023 at 7:44 pm CDT

Ottawa | Reuters — Canada’s five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours […]

By David Ljunggren Steve Scherer

Trudeau summons top grocers over rising food prices

Sep. 14, 2023 at 10:10 pm CDT

Ottawa | Reuters — Prime Minister Justin Trudeau on Thursday said he had summoned the country’s top grocers to help find solution to the surging food prices and vowed to cut federal taxes on new rental buildings, as he fights an affordability crisis that has dented his party’s opinion poll […]

By David Ljunggren Deborah Mary Sophia

« Previous 1 2 3 4 … 7 Next »