statcan inflation Archives - Mortgage Rates & Mortgage Broker News in Canada

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Steady May inflation figures don’t make the case for rate cuts: economists

June 24, 2025 No Comments

May inflation figures showed marginal improvements in some of the Bank of Canada’s closely watched price figures — a step in the right direction, some economists say, but likely not enough to convince the central bank to cut interest rates.

Shelter takes larger share in updated CPI basket weights

June 17, 2025 No Comments

The latest update to the Consumer Price Index (CPI) basket gives even more weight to shelter costs—particularly mortgage interest and rent—underscoring just how much housing expenses are shaping the inflation experience of Canadians.

Inflation jumps to 2.6%, complicating the BoC’s April rate cut decision amid tariff uncertainty

March 18, 2025 No Comments

Canada’s headline inflation surged to 2.6% year-over-year in February, a sharp jump from January’s 1.9% and higher than economists had expected.

Bank of Canada interest rate forecasts 2

Bank of Canada’s March rate cut odds drop to 30% after latest inflation data

February 18, 2025 No Comments

Canada’s inflation report for January has led to a sharp decline in the chances of the Bank of Canada cutting rates in March.

Odds of second 50-bps Bank of Canada rate cut drop after stronger inflation report

November 19, 2024 1 Comment

Still, many economists still see a half-point cut as likely at the Bank’s December 11 meeting.

June rate cut still a “close call” despite lower inflation in April

May 21, 2024 1 Comment

Canada’s headline inflation rate continued to ease in April, leaving the door open to a Bank of Canada rate cut next month.

Unexpected inflation drop won’t hasten Bank of Canada’s rate cut plans, economists say

February 20, 2024 No Comments

The Bank of Canada is still likely to wait until mid-year before delivering its first rate cut, despite January’s downside surprise in inflation, economists say.

Inflation crept back up in December: “We’re not out of the woods yet”

January 16, 2024 No Comments

For the third time since 2022, Canada’s headline inflation rate reversed course and trended back upward in December. Headline inflation rose 3.4% last month, Statistics

The Bank of Canada’s fight against inflation isn’t over as progress stalls in November

December 19, 2023 No Comments

Despite expectations that inflation would dip below 3% in November, headline inflation instead stalled, remaining unchanged from October.

Rate cut odds steep following weak inflation data

Rate cut odds steepen after weak October inflation data

November 21, 2023 No Comments

Following the release of weaker-than-expected October inflation data, markets are growing more confident that the Bank of Canada’s rate-hike cycle is officially over.

statcan inflation