OTTAWA - The Bank of Canada says food inflation is likely to remain high through the second half of the year as the war in Iran pushes the cost of
OTTAWA - The Bank of Canada says food inflation is likely to remain high through the second half of the year as the war in Iran pushes the cost of fuel and farming higher.
In its monetary policy report, the central bank says higher energy prices will continue to weigh on the cost of fertilizer, which is highly dependent on natural gas, as well as other agricultural input costs.
Canada's inflation rate rose to 2.8$% in April as higher energy prices from the war in Iran drive up fuel prices. Read more.
OTTAWA - Statistics Canada will release its latest reading for inflation today when it reports its consumer price index for April.
Bank of Canada survey reveals eased inflation outlook after US-Iran ceasefire. Bitcoin rallied to $67,000 as risk appetite surged…
By Paul Vieira and Robb Stewart
The Iran war both hampered business confidence and sent inflation expectations soaring, the Bank of Canada revealed in a new set…
OTTAWA - High oil and gasoline prices are expected to push inflation higher when Statistics Canada reports its consumer price…
