Alberta leaves gas tax in placeAlberta Energy Minister Brian Jean deferred to Alberta Finance Minister Nate Horner, when asked if he believes the provincial gas tax should be lifted. Experts warn gas price drops may not last longThe drop in gas prices across most Atlantic provinces on Friday won’t last because the Iran war is likely to continue disrupting supply chains and driving up costs, according to a New Brunswick-based economist. 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. Drive gently and carry a loyalty card: ways to take the edge off high pump prices Advice for you and your customers on driving smart to navigate higher gas prices. Inflation rises to 2.4% in December in ‘tax holiday’ rebound: StatCan Grocery store inflation has been accelerating in recent months, rising 4.7% year-over-year in November. Inflation steady at 2.2% in November despite grocery price hike While some prices have fallen, rising grocery prices continue to pinch Canadian’s wallets. Inflation cools to 2.2% in October as gas, grocery prices fall Keeping the overall inflation rate sticky in October was a rare increase in cellular service costs. Inflation jumps to 2.4% in September thanks to gas, grocery costs StatCan noted that annual price hikes at the grocery store have largely trended higher since a recent low in April 2024. Inflation ticks higher to 1.9% in August, short of economists’ expectations Rising rents and mortgage interest costs remain the biggest factors pushing the annual inflation rate higher. Inflation rate cools to 1.7% in July thanks to lower gas prices: StatCan Beyond the gas pumps, there are signs of prices accelerating at the grocery store and in housing. 1 2 3 4 5 Next Last
