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Economy News

U.S. consumer inflation rises on high gasoline prices

U.S. consumer prices rose in June as the cost of gasoline surged, but the underlying trend remained consistent with a gradual build-up of inflationary pressures.

Posted on 7-22-2014 at 9:30 AM
Most Canadians unfazed by worst labour market slump since 2009

Most Canadians unfazed by worst labour market slump since 2009

Canada's worst labour-market slump since the 2009 recession, a source of worry for policy makers, is hardly being noticed.

Posted on 7-21-2014 at 2:22 PM

Why meat prices aren't coming down anytime soon

Lower inventories of pork and beef across North America caused a 9.4-percent surge in meat prices last month from the same time in 2013, according to Sylvain Charlebois, Associate Dean of...

Posted on 7-18-2014 at 3:12 PM

Canada’s inflation unexpectedly rises, food prices spike

Canada’s inflation rate unexpectedly quickened in June to the fastest in more than two years on higher food and clothing costs.

Posted on 7-18-2014 at 8:52 AM

Canadian dollar touches weakest level in almost a month

Canada’s dollar touched the weakest level in almost a month after the central bank said persistent sluggishness in the nation’s economy will curb a temporary acceleration of inflation.

Posted on 7-16-2014 at 5:03 PM
Inflation surge temporary, neutral on rates: Bank of Canada

Inflation surge temporary, neutral on rates: Bank of Canada

Shrugging off a recent surge in inflation as temporary, the Bank of Canada held its overnight rate at 1 percent as expected on Wednesday and said it could just as easily cut rates as hike...

Posted on 7-16-2014 at 10:21 AM
U.S. economic activity expands in Fed's 12 districts

U.S. economic activity expands in Fed's 12 districts

The U.S. economy continued to expand in recent weeks, with manufacturing activity widening and employers in several parts of the country reporting difficulties finding skilled workers, the...

Posted on 7-16-2014 at 2:43 PM
Four battles Wynne faces in the attack on Ontario's deficit

Four battles Wynne faces in the attack on Ontario's deficit

Ontario’s Liberals will have to move this fall to a much more austere agenda if they are to have any hope of fulfilling their pledge to eliminate Ontario’s $12.5 billion deficit by 2017-18.

Posted on 7-15-2014 at 11:43 AM

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