Inflation
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Why did the Bank of Canada hike rates? Here’s what ‘tipped the balance’Bank of Canada deputy governor Paul Beaudry says recent economic data suggests the risk of sticky inflation has gone up, prompting the latest interest rate hike.Economy6 hours
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Roots sales are down on lower demand for its sweatpantsRoots chief executive Meghan Roach says the results aligned with the company's internal projections and reflected a challenging economic environment.Money11 hours
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Interest rates, inflation will mar global economic recovery: OECDThe rebound from the COVID-19 pandemic and energy price spike tied to Russia's invasion of Ukraine is likely to be weak by past standards.EconomyJun 7
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Dollarama tops earning estimates as cost-conscious buyers boost salesDollarama Inc. says it earned $179.9 million in its latest quarter, up from $145 .5 million in the same quarter a year earlier, as its sales gained 20.7 per cent.MoneyJun 7
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The Bank of Canada’s key rate rose again. Why another hike in July ‘looks likely’The Bank of Canada raised its benchmark interest rate on Wednesday amid concerns about a hot economy keeping the inflation higher.EconomyJun 7
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How much will gas cost this summer? Here’s what Canadians can expectGas Buddy is warning that while prices for gasoline have dropped the last week, recent decisions to cut the supply of oil could place upward pressure on prices.CanadaJun 6
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More than half in B.C. stressed about making ends meet, poll findsThe pressures are particularly acute for those paying rent or mortgage payments, amid concerns interest rates could rise yet again this week.EconomyJun 5
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Insurance costs rising as ‘catastrophic events’ become the normAs weather events and wildfires become increasingly extreme and frequent, insurers in Canada are finding it more difficult to keep coverage affordable.ConsumerJun 2
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Lululemon stock surges as consumers keep coming backLululemon's stock soared 15 per cent in early trade on Friday, after the apparel retailer defied investor worries with a full-year outlook lift amid little pullback from consumers.MoneyJun 2
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University of Regina research team looks at rural Sask. to address food insecurityA University of Regina research team says cultural practices and rural communities could hold the answer to addressing food insecurity across the country.ScienceMay 31
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