Inflation nudges up in Canada as GST tailwinds fade
Statistics Canada reports January inflation at 1.9 per cent, up from 1.8, with fuel costs rising and the GST tax break ending. Core measures show hotter underlying inflation while fuel and gas price swings, tariffs, and mortgage costs shape the direction for the Bank of Canada as a pause in rate cuts nears.
MENTIONED IN THIS ARTICLE
Bank of Canada
Canada
Statistics Canada
CIBC
Andrew Grantham
Thunder Bay
Manitoba
Ontario
Quebec
Grantham
United States
BMO
Doug Porter
Stephen Brown
North America
Capital Economics
Donald
Trump
Brown
Royce Mendes
Macro Strategy
Desjardins
Winter storm warnings sweep across Toronto area
Environment Canada issues extreme cold warnings for communities southwest of Toronto and wind chills near minus 30. North of the city a snow squall warning spans 15 to 70 centimetres. Nova Scotia sees wind warnings with gusts up to 90 kmh. Saskatchewan Alberta and Manitoba face extreme cold with wind chills near minus 40. A coroner to probe the death of a 57 year old man found in a snow covered running car in Montreal.
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Toronto
Canada
Ontario
Nova Scotia
Environment Canada
Ings
Prairies
Saskatchewan
Alberta
Manitoba
Quebec
Russia balks at rejoining G7 as Trudeau backs June summit
Moscow rejects the idea of Russia returning to the G7, calling the format outdated and a non-starter. Trump urged membership restoration, while Canadian officials led by Mélanie Joly and Prime Minister Trudeau dismissed the proposal. Stepanov promotes Russia's aims in multilateral forums like G20, BRICS, and SCO.
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Ottawa
Canada
U.S
Donald Trump
Russia
Moscow
Oleg Stepanov
Ukraine
Crimea
Trump
Justin Trudeau
Pierre Poilierre
Chrystia Freeland
Mélanie Joly
Alberta
Stepanov
Brics Group
Shanghai
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