Economy

Despite still-soaring inflation, return to ’70s unlikely

Reduced energy intensity, credible monetary policy tempers threat, BIS says

By James Langton |May 18, 2022

2 min read

Canadian inflation hit 6.8% in April

With pasta prices up nearly 20%, the annual CPI increase hasn’t been this high since 1991

By The Canadian Press |May 18, 2022

2 min read

Canada sees “unprecedented” flows from international securities transactions in March

Foreign investors moved $30.3 billion into Canadian bonds

By James Langton |May 17, 2022

1 min read

Retail sales rose in April despite inflation

"The U.S. consumer now appears to be single-handedly keeping the global economy afloat," economist said

By Christopher Rugaber, The Associated Press |May 17, 2022

2 min read