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Stocks Rise on More Encouraging Inflation Data
Stocks climbed Wednesday as more encouraging inflation data was reported.
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Stocks Jump After Latest Inflation Data
Stocks jumped after the latest consumer price index report showed inflation cooled last month.
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Consumer Prices Unchanged in October From September
Consumer Prices Unchanged in October From September
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'Skimpflation': a sneaky way to give you less for the same money
Skimpflation is when companies swap out ingredients for cheaper ones, without lowering the price or alerting customers. One consumer advocate calls it a 'sneaky way to give you less for your money' that most people don't notice.
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How skimpflation might be affecting your groceries
Skimpflation is when companies swap out ingredients for cheaper ones, without lowering the price or alerting customers. One consumer advocate calls it a 'sneaky way to give you less for your money' that most people don't notice.
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What You Need to Know About VA Loans
With interest rates high, housing inventory low and Veterans Day just around the corner, Cheddar News took a look at how the current market is impacting those who served and continue to serve our country. Patton Gade, national director...
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‘Shrinkflation’: Why food giants are charging you the same for less
Your cereal box is getting smaller, but you’re paying the same amount. What’s the deal? It's called shrinkflation — and consumers and advocates want companies to be transparent about downsizing their items.
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More than half of Canadian restaurants are losing money
Canada's restaurant industry survived the pandemic, but many establishments' futures may be at stake thanks to higher labour, rent and food costs. More than half — 51 per cent — of restaurants in Canada are currently losing money,...
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Inflation is taking a bite out of diners' appetite for restaurants
On the streets of Toronto, diners told CBC News that high prices, lower quality and smaller portions have them eating out at restaurants less often of late, a trend which is pushing many restaurateurs to the brink of bankruptcy.
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Companies more willing to raise prices lately, says Bank of Canada governor
Bank of Canada head Tiff Macklem says companies are typically reluctant to raise their prices for fear of losing customers, but high inflation has made them much more willing to do so lately, without worrying that consumers will tap out.
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Halloween candy prices may give shoppers a fright this year
The price of popular Halloween candy at many retailers across Canada has increased by well above the rate of inflation, but experts and retailers say trick-or-treaters likely won't be disappointed as sales are expected to be strong even...
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How Bond Traders Reacted to Latest Inflation Data and Prep for Nvidia Earnings
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios...
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Tiff Macklem on what might prompt another rate hike
Bank of Canada governor Tiff Macklem, who held rates at 5% on Wednesday, says the bank needs to see 'clear evidence' that core inflation is moving down.
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More people using Canadian food banks in 2023 than ever before
Food Banks Canada says its annual survey shows that nearly two million people used a food bank in March 2023. That is the highest number of people using food banks since the group began collecting data in 1989. Food Banks Canada says...
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'We need carbon pricing to hit our climate goals,' environment minister says
Rosemary Barton speaks with Minister of Environment and Climate Change Steven Guilbeault about Ottawa's carbon pricing changes and whether a focus on affordability means a step back on climate change.
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Halloween candy sticker shock may give shoppers a fright this year
The price of popular Halloween candy at many retailers across Canada has increased by well above the rate of inflation, but experts and retailers say trick-or-treaters likely won't be disappointed as sales are expected to be strong even...
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N.B. premier says he's exploring options to stop collecting carbon tax
New Brunswick Premier Blaine Higgs says he's seeking legal opinions on his province not collecting carbon tax. Higgs also discusses why he's calling on Ottawa to scrap the carbon tax on heating for all Canadians and not just those in...
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Why 2023 has become the year of the strike
From Hollywood to the Port of Vancouver, thousands have hit picket lines across North America this year to demand change. CBC’s Anya Zoledsiowski breaks down why workers are so emboldened at this moment and how long it could last.
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Inflation rate eases but high prices continue to strain Canadians
Canada's inflation rate slowed to 3.8 per cent in September — down from four per cent in August — but high prices continue to strain Canadians.
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Stocks Mixed After Consumer Inflation Report
Stocks were mixed in the opening session Thursday as investors digest the latest consumer inflation report.
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Europe’s housing crisis: Portugal, Turkey, and Luxembourg struggle to find solutions
Over recent years, housing crises have become increasingly prevalent across Europe, affecting nations of varying economic health. Portugal, Turkey, and even wealthy Luxembourg are grappling with the common challenge of providing...
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Global GDP growth is lowest in decades, says IMF
The global economy continues to recover, but GDP growth is going to slow down over the next two years, the IMF has said in its latest economic outlook.
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Grocery price freezes, discounts coming soon, government says
Canadians could soon see grocery stores roll out discounts, price-matching campaigns and price freezes to help stabilize food prices. The federal government had asked Canada's largest grocery store chains to come up with a plan by...
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Bangladesh nuclear energy: Putin joins virtual launch of new power plant
Russia is financing 90 percent of $12.65bn project to build Bangladesh’s first nuclear power plant in Rooppur.