Bank of Canada open to hiking interest rates to curb inflation Bank's Paul Beaudry says higher rates will bring down demand relative to supply, easing inflationary pressures Manitoba proposes to increase minimum wage above inflation Each year the province adjusts the minimum wage to match the inflation rate from the previous year Inflation could put more Canadians at risk of going hungry Food banks in Toronto and Calgary are seeing a surge in demand as food prices soar Inflation rate up slightly in April to 6.8%: Statistics Canada Agency says Canadians paid 9.7% more for food bought in stores in April Consumers still spending despite food inflation: Galen Weston Loblaw president says shoppers have more money in their wallets today than pre-pandemic Ontario Liberals pledge to remove HST from prepared food under $20 Liberal Leader Steven Del Duca says this will save families money at the grocery store and also office workers grabbing lunch Annual inflation rate hit 6.7% in March: Statistics Canada And prices rose 8.7% at grocery stores, the fastest annual rate since 2009 Ontario promises October minimum wage increase to $15.50 The proposed wage increase would take effect after the provincial election in June Economy grew 0.2% in January: Statistics Canada Services hit hard in the month because of COVID restrictions are likely to rebound as long as prices don't rise, experts say Near-term inflation higher amid Ukraine war: Bank of Canada Deputy governor Sharon Kozicki says inflation could climb higher than the bank predicted back in January First Previous 13 14 15 16 17 Next Last
