A look at food spending and provincial tax rates There is a significant correlation between the percentage of disposable income that Canadians spend on food retail and their respective provincial tax rates Liberals raise taxes on wealthiest Canadians and businesses to pay for agenda Finance Minister Chrystia Freeland presented the federal budget in the House of Commons Tuesday Budget blues and our food future As a country, we just do not take our agri-food priorities seriously Freeland doesn't rule out new taxes on wealthy or corporate Canada in upcoming budget The idea of imposing an "excess profits" tax on Canadian grocers gained momentum post-pandemic Macklem says interest rate cut in June possible after holding policy rate once again Bank of Canada keeps its key interest rate at 5% Many Canadians still feeling squeezed even as debt worries ease: insolvency firm Many Canadians say they are concerned with what MNP calls a "social squeeze" Canada likely to avoid recession, begin recovering in second half of 2024: Deloitte Still, a number of worrisome trends weigh on the economy Ontario minimum wage to increase Oct. 1 to $17.20 an hour New minimum wage rate will be the second highest of the provinces Grocery prices rose more slowly than overall inflation in February for first time since 2021: StatCan Inflation rate slowed to 2.8% last month as price growth unexpectedly eased 'Very pleasant surprise': Canada's inflation rate tumbled to 2.9% in January Grocery prices were up 3.4% annually in January First Previous 6 7 8 9 10 Next Last