Canadian average wages outpacing inflation, Statistics Canada reports
14 Articles
14 Articles
Behind the latest CPI Numbers: Inflation Slows, But Living Costs Don’t
Dan Knight Behind the 1.7% headline, falling gas prices mask deeper affordability issues—from rising rents and mortgage costs to inflated essentials still burdening working Canadians. Canada’s latest Consumer Price Index (CPI) report dropped this week, and if you believe the headlines, things are looking up. The Trudeau government is gone, Mark Carney is in charge, and the narrative from the media-industrial complex is that inflation is under co…
The Weekly Bottom Line: Canada – Inflation, GDP Confirm Economic Slowdown - Action Forex
This week we received the first of two inflation updates that the Bank of Canada (BoC) will use to guide their policy decision on July 30. May’s headline inflation came in at a 1.7% year-on-year (y/y), meeting consensus expectations. Recent soft readings have been tamped down by the end of the consumer carbon tax, something we expect to linger for the coming months. Total inflation has averaged right at the BoC’s 2% target for the better part of…
Negotiations Update: CPC’s Wage Offer for Year One: When 6% is not 6%
Canada Post says its wage offer provides for a pay increase of 6% in the first year followed by increases of 3%, 2% and 2% in subsequent years. CUPW says CPC’s offer for the first year does not come close to being a pay increase of 6%. Who is telling the truth?
Coverage Details
Bias Distribution
- 40% of the sources are Center, 40% of the sources lean Right
To view factuality data please Upgrade to Premium