Canada experiences lowest inflation rate at 3.4 percent since June 2021

Toronto/IBNS: The deceleration of Canada's inflation rate to 3.4 percent this year till May was largely due to sharply lower gasoline prices by more than 18 percent compared to the record highs this time last year, Statistics Canada said Tuesday,

Canada's annual inflation rate descends to lowest level since August 2021

Ottawa/IBNS: Canada's annual inflation rate fell to 4.3 percent in March, its lowest level since August 2021, Statistics Canada reported Tuesday.

Canada's inflation to cause 1 in 4 homeowners to sell their homes: Survey

Toronto/IBNS: A new debt survey from Manulife Bank of Canada conducted between Apr 14-20 revealed that nearly one in four homeowners would have to sell their home if interest rates go up further.

Canada inflation rate inches up to 2.3%

Ottawa, Apr 20 (IBNS): Canada's inflation rate at 2.3 per cent in the year ending in March is highest since 2014, in part because of higher gasoline prices, media reports said.