Bank of Canada rethinking inflation framework amid persistent shocks Senior deputy governor Carolyn Rogers said the Bank of Canada wants to be sure it is working to get a better grasp on where price pressures are heading. What to know about the Strait of HormuzA key passageway essential for global energy supply. Middle East conflict could drive up costs across Canada's supply chains: experts Rising oil prices can lead to higher freight rates, increased fuel costs and higher food prices. Energy prices surge as tanker disruptions, facility shutdowns, rattle global supply Uncertainty continues around how the attacks on Iran and Middle East instability will affect the economy.
