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Gasoline-prices

Why is gas more expensive in the summer? Competition, logistics — and the blend

by Anas Siddiqui
Why is gas more expensive in the summer? Competition, logistics — and the blend

Cost of Living5:50Why is gas always more expensive in the summer? As summer approaches, Canadian drivers have likely already experienced the all-too-familiar rise in prices at gas station pumps. A boosted demand …

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‘We are getting closer’ to cutting interest rates, Bank of Canada governor tells MPs

by Anas Siddiqui
‘We are getting closer’ to cutting interest rates, Bank of Canada governor tells MPs

The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the central bank’s governor, Tiff Macklem, told MPs Thursday. …

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Mortgage interest still driving inflation, as overall rate nudges up to 2.9%

by Anas Siddiqui
Mortgage interest still driving inflation, as overall rate nudges up to 2.9%

Canada’s inflation rate went up slightly in March compared to February, with Statistics Canada pointing out gasoline prices are partly behind the increase. The federal agency’s consumer price index for March …

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Gasoline prices help drive inflation up to 3.4%

by Anas Siddiqui
Gasoline prices help drive inflation up to 3.4%

Canada’s annual inflation rate jumped to 3.4 per cent in December, according to data released by Statistics Canada on Tuesday. That’s after both October and November saw inflation hold steady at 3.1 per …

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Canada’s inflation rate slows to 3.1%

by Anas Siddiqui
Canada’s inflation rate slows to 3.1%

Business·Updated Canada’s consumer price index rose by 3.1 per cent in the year up to October, down from 3.8 per cent the previous month but in line with what economists …

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