Inflation Canada
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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.Money12 hours
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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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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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Bank of Canada tight-lipped on rate moves as calls grow to ‘crush’ inflationScotiabank's Derek Holt says the Bank of Canada might raise interest rates again in June following a surprise uptick in inflation in April.EconomyMay 18
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Inflation surprise puts Bank of Canada in a ‘tough spot’ for rate hikesThe annual pace of inflation climbed back up slightly in April, breaking a streak of declines and putting pressure on the Bank of Canada as it weighs where to take interest rates.CanadaMay 16
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Housing upturn could delay a shift by Bank of Canada to cut rates. What to knowThe housing market's upturn comes after the Bank of Canada paused its interest rate hiking campaign last month, leaving the benchmark rate at 4.5 per cent since January.EconomyMay 15
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As inflation cools, higher wages could stand in the way of reaching 2% goalStatistics Canada's consumer price index report set to be released Tuesday is expected to show inflation slowed once again in April.CanadaMay 12
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Bank of Canada mulled an April rate hike. What went into the decision to holdThe Bank of Canada considered raising interest rates earlier this month, as it feared being too slow to react to sticky inflation.EconomyApr 26
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Here’s where Canadians are spending less amid high inflation, interest ratesRetail sales slipped 0.2 per cent in February amid a drop in spending at general merchandise stores and gasoline stations and fuel vendors, Statistics Canada said Friday.EconomyApr 21
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Metro profit jumps 10.4% on food, pharmacy sales amid high inflationMetro's increase in sales came as food same-store sales rose 5.8 per cent compared with a year earlier, while pharmacy same-store sales gained 7.3 per cent.MoneyApr 19
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