Rising interest rates and the silent hunger The disturbing link between Canada's housing crisis and food insecurity Canada's inflation rate falls to 3.4% last month, lowest rate since June 2021 Grocery prices were still skyrocketing last month, rising 9% from last May 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 First Previous 8 9 10 11 12 Next Last