When demand for goods and services is greater than supply, prices tend to rise more quickly. To measure inflation every month, Statistics Canada tracks the prices for a long list—what it calls a ...
The Bank of Canada (BoC) made another 0.25 per cent cut to its key interest rate on March 12, bringing it to 2.75 per cent.
Assuming inflation remains steady, it then shows the value your savings will lose in real terms due to inflationary price increases. The calculator will also show you what the cumulative impact of ...
The Bank of Canada’s two preferred core inflation measures also accelerated, averaging a 2.7% yearly pace, versus 2.55% in December. The three-month moving averages of the figure, however ...