Employers may want to revisit their per diem and allowance structures as the cost of living in Canada continues to rank among the highest globally, according to WHR Global’s 2024…
By Nojoud Al Mallees The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation’s economy is actually doing a lot…
Forecasters expect the Bank of Canada to speed up the pace of interest rate cuts and lower its policy rate by half a percentage point this week. The central bank’s…
By Rosa Saba Economists expect inflation continued its downward trend last month, giving the Bank of Canada the all-clear to continue cutting its benchmark interest rate. “We are looking for…
Canada’s inflation rate eased to 2.0% in August 2024, marking the slowest annual increase since February 2021, according to data released by Statistics Canada. The decline follows a 2.5% year-over-year…
The Bank of Canada appeared to be increasingly concerned about the risk of high interest rates slowing the economy and inflation by more than necessary as it delivered a second…
By Scott Schieman, University of Toronto and Alexander Wilson, University of Toronto If you feel like you’re being pushed around in life, you’re not alone. Our recent research has found…
By Amr Saber Algarhi, Sheffield Hallam University and Konstantinos Lagos, Sheffield Hallam University Inflation in the UK has fallen to 2.3% in the year to April – the lowest figure…
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