Blog /
Canadian inflation holds steady at 18-year high of 4.7% in November
Canadian inflation holds steady at 18-year high of 4.7% in November
With inflation still running at a 18-year high, the policy rate at its effective lower bound, and the Bank of Canada’s ongoing asset re-investments, monetary policy has never been this stimulative at any point in the inflation targeting era.
Related News
Time to put reports into action, Chamber tells House Agriculture Committee
On February 17, 2022 the Canadian Chamber’s Senior Director, Transportation, Infrastructure & Regulatory Policy, Robin Guy, appeared at the House...
2022 Q3 Canadian Survey on Business Conditions: Inflation is the top issue. Labour pains intensifying, but price pressures and supply chains issues are improving
According to the latest CSBC survey, Canadian businesses continue to see inflation as their biggest near-term obstacle. A whopping 60% of firms expect inflation to be a challenge, the highest response rate in the history of the survey.
Canadian GDP for July: Defying expectations, a stronger start to the third quarter than anticipated, but a slowdown remains in clear sight
The writing has been on the wall for Canada’s real GDP as slowdown has been underway in the third quarter with falling housing prices and three consecutive months of job losses. July’s data gave Canadians slight reprieve with a surprising real GDP edging growth of 0.1%.
