Statistics Canada set to release May inflation data. What to expect
Global News
Canada's annual inflation rate was 2.7 per cent in April. Economists are expecting inflation slowed slightly last month, which would be another good sign for the Bank of Canada.
Statistics Canada is set to publish its May consumer price index report Tuesday morning.
Economists are expecting inflation slowed slightly last month, which would be another good sign for the Bank of Canada.
The central bank, which has been encouraged by the slowdown in inflation, cut its key interest rate by a quarter of a percentage point earlier this month.
Canada’s annual inflation rate was 2.7 per cent in April.
Economists say May and June inflation data will play a key role in the central bank’s next interest rate decision scheduled for July.
Governor Tiff Macklem has signalled the central bank plans to take rate decisions one at a time.
Police say an 81-year-old woman is dead following a dog attack involving three dogs who attacked her inside her own residence, in Northern Ontario.
King was a prominent figure in the demonstration that rolled into the national capital in 2022, which saw protesters entrench themselves in downtown Ottawa for three weeks.
Dermo, which has been detected in Canada for the first time, has spread from oyster to oyster in New Brunswick.
The latest draft negotiating text released Friday pledged $250 billion by 2035, less than a quarter of what developing countries requested.
The officials say Ottawa will be chipping in $108.5 million over the next three years to Ontario’s existing Student Nutrition Program and First Nations Student Nutrition Program.
A mother who was struck by a vehicle, along with the father and three other children, has now died from her injuries in hospital just over a month after the collision.
Erin McQueen believes her tools were stolen on Nov.16 while her truck was parked in Kelowna near Ellis Street and Clement Avenue.
"I am fighting for my daughter." How one Regina family is looking to the community to help raise money for a potentially live saving trip to the United States.
Kingston hosts the 59th Vanier Cup, featuring Laval vs. Laurier, promising excitement, economic impact, and family-friendly events. Full details on the big game.
Saskatchewan has been battling an increase in overdoses for many years. But based on recent data, Saskatchewan’s response to drug toxicity may be working.
A council representing Montreal and the suburban municipalities will vote on whether to stop the practice in the six West Island suburbs that treat their water with fluoride.