Canada, inflation

Canada's annual inflation rate drops to 1.8% in December on sales tax relief
Karen Vasquez, 44, walked out of jail in Cuba on Sunday, part of a deal brokered by the Vatican under which the Biden administration would loosen sanctions on the communist-run island, while Havana would release more than 500 people from its jails who are considered political prisoners by Washington.
Canada's inflation rate fell to 1.8% in December, with prices declining during GST break
Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday contributing to a price decline across several categories, Statistics Canada said Tuesday.
Canada Inflation Dipped In December To 1.8%
Canadian inflation fell 0.1 percentage points to 1.8 percent in December as a brief sales tax holiday on selected consumer goods kicked off, the government statistical agency said Tuesday.
Instant View: Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%. Market reaction: [CAD/] Link: COMMENTARY DOUG PORTER,
Canada’s Food Inflation Drops to Record Low Amid GST Holiday
Canada's food inflation hit a historic low in December 2024, driven by the GST Holiday, but temporary relief highlights deeper market pricing complexities.
Inflation in Canada Eases to 1.8% on Trudeau Sales Tax Break
For the first time since 2019, Canadian inflation stayed within the central bank’s target range for a full year, a mark of achievement for policymakers ahead of a potential tariff war that threatens to derail their progress.
Annual inflation rate in Canada eases to 1.8% in December
The annual inflation rate in Canada eased to 1.8% in December from 1.9% in the previous month, slightly below market expectations that it would remain at 1.9%. The annual core inflation rate in Canada which excludes eight of the most volatile components such as food,
VIEW Canada's annual inflation rate eases to 1.8% in December
Canada's annual inflation rate dropped to 1.8% in December, Statistics Canada said on Tuesday, slightly lower than expected and a tick below the prior month's 1.9%.
Canada Inflation Eases to 1.8% Thanks to Tax Break
Stripping out the effects of the tax holiday, annual inflation ticked up for December to 2.3%.
As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts
Canada's annual inflation rate ticked lower in December, thanks in part to Ottawa's temporary GST tax break, but economists still see interest rate cuts on the horizon as potential tariffs loom.
Trump Tariff Threat Looms Over Bank Of Canada As Inflation Cools
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Trump’s tariff threat may force Bank of Canada to cut key rate next week, despite inflation worries
Money markets, many economists, predict a 25-basis point cut to the Bank of Canada's key interest rate at its meeting next Wednesday.
Interest rates won't fall as fast as expected if tariffs stoke inflation, UBS CEO says
And therefore I don't see rates coming down as fast as people believe," Ermotti told CNBC. Freshly inaugurated U.S. President Donald Trump has threatened to impose 25% tariffs on Mexico and Canada, ...
Trump announces 25% tariffs on Canada and Mexico, tempers China plan
Trump threatened tariffs of as much as 60% on China during his campaign but has tempered his plans. Canada and Mexico are now ...
Canadian dollar jumps as Canada avoids immediate U.S. tariffs
The Canadian dollar strengthened to a near 5-week high against its U.S. counterpart on Monday as the prospect of U.S. trade ...