National Economy

The inflation rate ticked up from 2.8 per cent in February to 2.9 per cent last month as we paid more for gasoline. Statistics Canada reports gas prices rose 4.5 per cent from a year ago, partly due to an increase in global oil prices. Shelter prices rose up 6.5 per cent, mortgage interest costs jumped 25.4 […]

Canada’s annual inflation rate slowed to 6.3 per cent in December as the cost of groceries remained high and gas prices cooled. In its latest consumer price index released Tuesday, Statistics Canada said Canadians continued to see prices soar at grocery stores last month compared with a year ago. Grocery prices were up 11 per cent on […]