The tax relief has reduced the cost of about 10% of the items in the CPI basket, helping ease the financial strain on households. The steady decline in prices, which has remained at or below the Bank ...

Canada's annual inflation rate slowed in December, data showed on Tuesday, helped by a sales tax break which kicked off from the mid of the month and brought down prices of alcohol, restaurant foods ...

The prices included in the Consumer Price Index include all excise and other taxes paid by consumers, and as a result any tax break brings down the prices recorded by Statistics Canada.

TSX ekes out gain as Canadian CPI surprise raises Bank of Canada rate cut hopes By Investing.com - Mar 19, 2024 Investing.com - Canada’s main stock index, the S&P/TSX composite ended 0.11% ...

At CIBC Economics, Andrew Grantham said that inflation data will be harder to dissect when the January figures are known, as this will include a full month of the sales tax holidays, but he expects a ...

Despite the decline, Tuesday’s Statistics Canada data reveals B.C. has the highest rate of inflation among all the provinces.

Statistics Canada said Canadians paid less for food purchased from restaurants in December (-1.6%) on a year-over-year basis.

Canada’s facing a trade war with its largest partner, and it may send interest rates plunging. BMO Capital Markets wrote to ...

USD as spreads, Bank of Canada bets prove a headwind By ... But US GDP and PCE inflation could steal the limelight. Australian CPI and... Week Ahead: FOMC, ECB, BoC, US PCE, EZ GDP, Tokyo and ...