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Canadian inflation rate

Business
Bank of Canada Holds Interest Rate at 2.25% as Inflation Risks and Global Uncertainty Persist

by Olawunmi Sola-Otegbade June 10, 2026

by Olawunmi Sola-Otegbade June 10, 2026

The Bank of Canada has announced that it will keep its benchmark interest rate unchanged at 2.25 per cent, citing ongoing economic uncertainty, elevated global energy prices, and the continued …
Business
Canada’s Inflation Climbs to 2% in October as Gas Price Decline Slows

by Olawunmi Sola-Otegbade November 19, 2024

by Olawunmi Sola-Otegbade November 19, 2024

Canada’s inflation rate rose to 2% in October, a modest increase from September’s 1.6%, according to Statistics Canada. The uptick was primarily driven by higher property taxes and persistent increases …

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