Food banks are Canada's lifeline—but they can’t fix a broken system Food banks may feed a growing need, but they reveal a far deeper crisis in Canada’s economic fabric BoC delivers half percentage point rate cut, says it now must keep inflation at 2% Central bank's policy rate now stands at 3.75% Canadians anticipate spending more money on groceries this holiday season: survey Givex releases its 2024 Holiday Survey Annual inflation falls to 1.6% in September, smallest yearly increase since 2021 Prices for food purchased from stores rose faster than overall inflation Consumer sentiment slightly improves, but still subdued: BoC survey Fewer Canadians expect their finances to worsen over the next year Economy adds 47,000 jobs in September, unemployment rate falls to 6.5% Full-time employment saw its largest gain since May 2022 Inflation, interest rates eroded Canadians' purchasing power since 2022: PBO report Wealthier households have seen their purchasing power rise Thanksgiving tables tighten as wallets thin As Canadians gather around the Thanksgiving table this year, they'll be weighing more than just their plates—balancing budgets has become as crucial as basting turkeys in our current economic climate Minimum wage in Ontario, Manitoba, Saskatchewan, P.E.I. increases British Columbia has the highest minimum wage of all the provinces Economy to grow moderately, rates to fall below 3% next year: Deloitte Company releases its fall economic outlook First Previous 3 4 5 6 7 Next Last