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 Economic anxiety high, faith in political leaders low in Canada, survey suggests Faith in politicians was at a paltry 17% BoC expected to take its time with interest rate cuts after January's job gain The economy added 37,000 jobs in January after several months of relatively no change in employment Bank of Canada holds key interest rate at 5% The tightening that occurred last fall has been largely reversed, the central bank says Annual inflation rate increased to 3.4% in December: Statistics Canada Food prices held steady Inflation holds at 3.1% in November as progress in tamping down price growth stalls Groceries price increases eased for a fifth consecutive month Bank of Canada holds its key interest rate steady at 5% in final decision of 2023 Announcement marks the third time in a row the central bank has opted to hold its key rate steady First Previous 7 8 9 10 11 Next Last
