Grocery prices continue to be one of the largest contributors to high inflation in Canada. The Consumer Price Index (CPI) report for June showed an inflation rate of 2.8 per cent year-over-year, following a 3.4 per cent increase in May 2023. While this decrease was positive, Statistics Canada said it was “fairly broad-based.” “Canadians continued … Read More “Inflation: Which foods are the most expensive in Canada?” »
As a concerning new report sheds light on the pressures facing Canadian consumers from the surging cost of household bills, this personal finance educator is sharing tips on how you can reduce your monthly budget. Kelley Keehn, from Money Wise Workspaces, spoke with Merella Fernandez on CTV News Channel’s Top 3 Tonight about steps you … Read More “How to reduce your monthly budget right now” »
Breadcrumb Trail Links economy The Bank of Canada did exercise patience, but not enough Published June 08, 2023 • Last updated 1 day ago • 4 minute read The Bank of Canada’s tone on June 7 was hawkish, leaving the door open for another interest rate hike in July. Photo by Sean Kilpatrick /The Canadian … Read More “Bank of Canada rates hike nails in coffin for economy” »
Photo: Sensei Labs When Tara Vanderloo’s employees are mulling leaving her enterprise software company, she wants to be one of the first people they tell — and to hear their unvarnished reasons why. “I know people get called by recruiters, so I’ve asked the question: ‘who are you talking to or what type of organizations?’” … Read More “Canadian companies adopt ‘stay interviews’ as workers rethink careers – Business News” »
Glitch grounds flights The Canadian Press – May 25, 2023 / 11:06 am | Stories: 428570 Photo: The Canadian Press Air Canada planes sit on the tarmac at Pearson International Airport in Toronto on Wednesday, April 8, 2020. THE CANADIAN PRESS/Nathan Denette Air Canada briefly grounded its planes Thursday due to a problem with its … Read More “Air Canada briefly grounds flights due to computer system problem – Business News” »
Canada lost 17,000 jobs in May, pushing the unemployment rate up to 5.2 per cent, according to a Statistics Canada report released Friday morning. The decline is primarily driven by a 77,000 loss in jobs among youth aged 15 to 24. Meanwhile, employment increased by 63,000 among people aged 25 to 54. Men in this … Read More “Canada lost 17,000 jobs in May — mostly among young people” »
