affordability

Gas tax paused in Manitoba, returns in Alberta at a lower rate

Gas tax paused in Manitoba, returns in Alberta at a lower rate

Jan 2, 2024 | 8:30am
As one province pauses the gas tax to provide savings at the pumps, another is bringing it back.  The Manitoba government says that starting Monday, motorists won’t have to pay 14 cents per litre in fuel tax for the next six months. The province has said it introduced the measure to help motorists with inflation. […]
2024 to bring slower food inflation as prices continue to moderate: report

2024 to bring slower food inflation as prices continue to moderate: report

Dec 7, 2023 | 9:07am
Food prices will keep rising in 2024, though at a slower pace, according to the latest Food Price Report. The 14th annual report by Dalhousie University, the University of British Columbia, the University of Guelph and the University of Saskatchewan predicted that food prices will rise between 2.5 per cent and 4.5 per cent next year as […]
Statistics Canada says annual inflation rate slowed to 3.1% in October

Statistics Canada says annual inflation rate slowed to 3.1% in October

Nov 21, 2023 | 8:30am
The inflation rate slowed to 3.1 per cent on a year-over-year basis, down from 3.8 per cent in September, as the price of gasoline fell, Statistics Canada said Tuesday. The agency said the price drivers paid for gasoline in October fell 7.8 per cent from a year earlier compared with a 7.5 per cent increase […]

Trudeau talks affordability measures during visit to Regina

Apr 13, 2023 | 1:48pm

Prime Minister Justin Trudeau was at the Sherwood Co-op in Regina to highlight their grocery rebate and other affordability measures from its 2023 budget. “The rising cost of living has been made worse in recent years by the pandemic and Russia’s illegal war in Ukraine. Even though analysts are predicting good news as inflation is […]

Sask Power Gets Rate Increase for April 1st

Jan 20, 2023 | 10:31am

When your power bill rolls in at the end of April, you will need to dig a little deeper in your wallet to pay it. The Saskatchewan Rate Review Panel has signed off on the 4 percent increase to go into effect April 1st. Sask Power had applied for this increase last year, but the […]

The Bank of Canada has raised rates again. Here’s a timeline of how we got here

Oct 26, 2022 | 8:44am

The Bank of Canada hiked its key interest rate yet again on Wednesday morning, bringing it to 3.75 per cent and continuing one of the fastest monetary policy tightening cycles in its history amid warning signs of a potential recession. Here’s how we got here: Oct. 24, 2018: The Bank of Canada’s key interest rate […]

‘Moe money’ could add to inflation woes, but depends on how it’s spent: economists

Aug 28, 2022 | 10:58am

“Moe money” could add to inflation woes in Saskatchewan, but it comes down to how people spend it, some economists say. This week, Premier Scott Moe announced his Saskatchewan Party government would be giving $500 cheques to 900,000 residents in October as a way to offset rising costs from decades-high inflation. “It smacks of politics, and politics will […]

Sask. NDP continues call for affordability relief

Aug 10, 2022 | 1:06pm

The Saskatchewan NDP is once again calling on the Government of Saskatchewan to provide residents with some affordability relief. The Offical Opposition has been calling for relief for months, which Premier Scott Moe said would come by early fall if resource prices remain strong. Financial reports showed the province raked in $500 million in additional […]

Province looking to make life more affordable for residents in 2021

Jan 1, 2021 | 9:26am

As the calendar hits 2021, some changes aimed at making life more affordable for Saskatchewan citizens have come. Amongst the changes is a reinstatement of the Active Families Benefit which provides a non-refundable tax credit of $150 a year per child to eligible families with familes of children with a disability getting an extra $50. […]