Consumer Price Index – Benefits Canada.com

How employers can tweak benefits offerings amid rising inflation

lbailey — Thu, 09 Sep 2021 13:00:33 +0000

With the price of consumer goods, from hot dogs to houses, rising steadily in Canada, some employers are thinking outside the benefits box to help ease the cost of living burden for employees and provide support beyond raising wages. According to Statistics Canada’s latest consumer pricing report, the inflation rate rose 3.7 per cent on […]

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Bank of Canada looks for broader input in updating inflation target framework

mschmit — Tue, 25 Aug 2020 04:48:01 +0000

The Bank of Canada is turning to the public for input on its inflation-rate target that underlies any changes to the central bank’s trend-setting interest rate. The bank had already planned on a much broader consultation than what it did for previous reviews long before the coronavirus pandemic struck Canada and forced a sharp decline […]

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Statistics Canada analysis suggests small hit to inflation from pandemic

mschmit — Tue, 14 Jul 2020 04:10:10 +0000

Statistics Canada says Canadians’ buying patterns changed so much during the coronavirus pandemic that its measure of consumer inflation went a little wobbly. The agency previously reported that year-over-year inflation declined by 0.2 per cent in April, then took a further drop of 0.4 per cent in May as lockdowns put a damper on consumer […]

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Unifor decries Co-op’s ‘final offer’ on pension, files unfair labour practices complaint

mschmit — Mon, 30 Mar 2020 11:00:53 +0000

Recommendations from two provincially appointed special mediators have failed to quell the labour dispute between Federated Co-operatives Ltd. and the union representing its refinery employees. On Sunday, Unifor Local 594 said it filed an unfair labour practice complaint with the Saskatchewan Labour Board in early March, alleging that Co-op undertook a “concerted campaign of psychological attacks on union […]

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Bank of Canada holds fast on rates

mschmit — Tue, 19 Jul 2011 06:07:05 +0000

The Bank of Canada has announced it will maintain its target for the overnight rate at 1%, holding the Bank Rate at just 1.25% and the deposit rate at 0.75%. While the global economic recovery is largely unfolding as expected, the bank cited slower than anticipated growth in the U.S. as a concern. The bank […]

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The Inflation Risk Premium: Real Return vs. Nominal Bonds

mschmit — Tue, 01 Jun 2010 05:33:00 +0000

Moving money from real to conventional bonds.

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