Bank of Canada raises key interest rate as it tries to get ahead of hot economy The central bank's key interest rate now sits at 4.75%, the highest it's been since 2001 Feds finalize Visa, Mastercard agreements lowering fees for small businesses The reductions will come into effect in fall 2024 Inflation rate rises to 4.4% in April: Statistics Canada Grocery prices down slightly since March, but up year over year Grocery rebate rolling out this July Eligible Canadians will receive the one-time payment via direct deposit or cheque Calls to scrap "snack tax" on food items in Saskatchewan In the province, the NDP wants to eliminate the tax on grocery items like rotisserie chicken, granola bars and packaged salads Unemployment rate holds steady at 5% for fifth month, labour market resists slowdown Employment rose by 41,000 jobs in April, but with all the gains made in part-time work Economy grew at an annualized rate of 2.5% in Q1, StatCan estimate suggests The February figure came in lower than expected as wholesale and retail trade as well as manufacturing all contracted Bank of Canada holds key interest rate at 4.5%, bumps up growth forecast for 2023 The central bank said that recent economic data is reinforcing its confidence that inflation will continue to fall in the coming months B.C. to boost minimum wage to $16.75 an hour, matches 6.9% inflation The government said the wage increase will benefit food service staff, grocery store workers, retail workers and others who were essential workers during the pandemic Federal budget 2023 includes $59.5 billion in new spending, looks to increase revenue Ottawa extends GST rebate boost offered in the fall to alleviate pressure of rising grocery prices First Previous 10 11 12 13 14 Next Last
