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CPI

Former BoC governor Stephen Poloz warns against entrenching inflation in expectations

Amanda Stephenson – THE CANADIAN PRESS Sep 26, 2022

BANFF, Alta. – Preventing current high inflation levels from becoming embedded into the public's expectations is key if the country is to avoid falling into recession, former Bank of Canada governor Stephen Poloz said Thursday.…

Real Estate

The Bank of Canada’s own policy is the reason why inflation is so high

Apostolos Serletis, University of Calgary Sep 15, 2022

Governor of the Bank of Canada Tiff Macklem speaks at a press conference in Ottawa in June 2022. THE CANADIAN PRESS/ Patrick Doyle Apostolos Serletis, University of Calgary The Bank of Canada has raised interest rates again in an…

Real Estate

Inflation sets fresh three decade high at 6.8% in April with little sign of cooling

Craig Wong – THE CANADIAN PRESS May 18, 2022

OTTAWA – The cost of nearly everything at the grocery store continued to climb higher to help push the annual inflation rate to a fresh three-decade high in April and economists warn prices could continue to heat up. Statistics …

Real Estate

Bank of Canada deputy governor says near term inflation higher amid Ukraine war

The Canadian Press Mar 25, 2022

OTTAWA – The Russian invasion of Ukraine is adding to inflationary pressures around the world and in Canada, a senior Bank of Canada official said Friday. In a speech by webcast to a conference at the U.S. Federal Reserve Bank of San…

Real Estate

Federal election 2021: More supply won’t solve Canada’s housing affordability crisis

Joel Roberts, York University Sep 17, 2021

A four-year-old girl plays house as Liberal Leader Justin Trudeau makes a campaign stop in Mississauga, Ont., where he spoke of his party’s policy on affordable housing. THE CANADIAN PRESS/Sean Kilpatrick Joel Roberts, York University,…

Real Estate

Federal leaders argue over affordability plans as campaigns make pitch for votes

Jordan Press and Christopher Reynolds – THE CANADIAN PRESS Sep 15, 2021

OTTAWA – The question of who would make life more affordable for Canadians hit the campaign trail Wednesday with party leaders defending why their spending plans would ease pressures as inflation hit a near two-decade high. On…