Canada’s inflation rate cools to 2% in August, hitting Bank of Canada’s target
Canada’s annual inflation rate was 2.0 per cent in August, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets):
Rents were a major driver of the post-pandemic inflation surge on P.E.I., but they may not have reached the point of being ...
Central bankers now want economic growth to pick up steam to prevent inflation from undershooting their 2 per cent target ...
1:54 Inflation finally hits Bank of Canada’s 2% target Annual inflation cooled sharply to two per cent in August, according to Statistics Canada, marking a major milestone in the Bank of ...
TORONTO, Sept 17 (Reuters) - Canada's annual inflation rate reached the central bank's target in August as it cooled to 2 ...
Adoption of artificial intelligence could prompt firms to change prices more frequently to reflect economic conditions.
Both Canada and the U.S. appear to be on track for a ‘soft landing’ where price stability is restored without a recession or ...
OTTAWA--Investments in productivity-enhancing artificial intelligence are boosting demand in the economy, and that could put upward pressure on inflation in the short term, Bank of Canada Gov. Tiff ...
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