Inflation falls to 2.7% in June, driven by slower growth in gas prices: StatCanFood prices rose 2.1% year-over-year in June. Food inflation ticks higher in May for first time in nearly a yearRising food prices are affecting the way Canadians dine out, as people seek value. StatCan updates CPI basket to increase food weighting in inflation calculation Canadians spending more on groceries and dining out. Bank of Canada cuts key interest rate for first time in more than four years Canada’s annual inflation rate has shown steady decline in recent months. Canada’s economy grew modestly in the first quarter of this year Statistics Canada says economy grew at 1.7%, powered by a modest increase in household spending. Canada’s inflation rate falls to 2.7% in April as price growth slows across economy Slowdown was led by food prices, services and durable goods. Statistics Canada reports February retail sales down 0.1% to $66.7 billion Sales at gas stations and fuel vendors fell a little over 2%. Majority of Canadian still start their day with breakfast Dalhousie University, Agri-Foods Analytics Lab finds older Canadians still see breakfast as important while gen Z more likely to skip the morning meal. FCC finds moderate sales, improved margins for Canadian food and beverage manufacturers 2024 is expected to see sales moderate in sync with slowing inflation and tighter household budgets. Ontario and federal minimum wages increasing Ontario's minimum wage will rise later this year to $17.20 an hour. First Previous 4 5 6 7 8 Next Last
