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The annual pace of inflation jumped higher in March due in large part to a plunge in prices a year ago at the start of the pandemic.Statistics Canada said Wednesday the consumer price index in March was up 2.2 per cent compared with a year ago.The increase compared with a 1.1 per cent year-over-year increase in February, which was then a pandemic-e...
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admin April 21, 2021
The Bank of Canada will say Wednesday how it sees the economy faring over the coming months and the path for inflation amid the third wave of the COVID-19 pandemic.Along with the outlook, the bank will announce what is happening to its key interest rate target that has been set at 0.25 per cent during the pandemic in a bid to lower interest rates o...
August 3, 2021