Personal Finance

Economists see encouraging signs in June inflation report beyond gas price break
Lower gas prices were the major force pulling the headline inflation rate down in June but economists weighing on the latest price data Monday found even more encouraging signs under the hood of Statistics Canada's report.
Bank of Canada holds key rate steady as confidence grows in economic rebound
The central bank’s benchmark interest rate remains at 2.25% after the sixth consecutive hold, which was widely expected by economists. However, the cost of gasoline remains “volatile and highly dependent on events in the Middle East,” the report noted.

Stock markets edge higher amid positive U.S. inflation data

Stock markets edged higher on Tuesday as U.S. inflation data spurred some optimism among investors even though oil prices continued to rise.
Turbulent month of economic data leaves Bank of Canada right back where it started

Global oil prices receded after Iran and the United States agreed to a ceasefire in mid-June, but hostilities reignited between the nations last week, casting doubt over a lasting peace deal.
Single Canadians pay more for groceries than shared households: Interac survey

Study suggests that there's an opportunity for convenience stores and foodservice operators to sell more single-serve meals and snacks.
Bank of Canada holds key rate as Macklem downplays recession talk

While Macklem said that while the economy is weak, he wouldn't say it's in a recession.
Gas price regulations don't work, says critic

Progressive Conservative finance critic Don Monahan says the fuel price regulations have done nothing to help consumers at the pump.
‘It’s insane’: Summer gas prices could hit record highs, upending budgets and travel

As the conflict in the Middle East drags on and the global oil supply dwindles, the price of gas continues to hover near historic highs, with no sign of dropping before the travel-heavy summer season kicks off in earnest — or even before it winds down.
Economists expect inflation topped 3% in April as gas prices soared

Economists at Royal Bank pin much of the blame on higher gas prices, noting that the average price of gasoline accelerated another eight per cent in April after a 21 per cent surge in March.
Koho joins Interac e-transfer as a participant

Fintech app Koho is now officially a direct partner with Interac.

Economists see encouraging signs in June inflation report beyond gas price break

Bank of Canada holds key rate steady as confidence grows in economic rebound

Stock markets edge higher amid positive U.S. inflation data

Turbulent month of economic data leaves Bank of Canada right back where it started

Single Canadians pay more for groceries than shared households: Interac survey

Bank of Canada holds key rate as Macklem downplays recession talk

Gas price regulations don't work, says critic

‘It’s insane’: Summer gas prices could hit record highs, upending budgets and travel

Economists expect inflation topped 3% in April as gas prices soared

Koho joins Interac e-transfer as a participant