Inflation

A downtown Victoria restaurant is adjusting menu prices in response to rising food costs, raising some items while lowering others in an effort to balance affordability with quality.

Higher gas prices driven mainly by the war in Iran pushed inflation higher in April but some economists argue the conflict’s looming costs haven’t been fully captured in the latest price data.

Personal finance contributor Christopher Liew breaks down what’s actually happening with oil prices in 2026, why it matters for your wallet, and the practical moves you can make to absorb the squeeze.

Economists expect the annual pace of inflation topped three per cent for the first time since 2023 in April as Statistics Canada’s consumer price index reflects the full weight of the Iran war energy shock.

U.S. consumer prices climbed sharply again last month as the 10-week war with Iran delivered higher gasoline prices and more pain for Americans.

As shipping constraints in the Middle East disrupt global fertilizer supply and drive up prices, a new TD report says Canada is better positioned to face any inflationary pressures on its food production — at least in the short run.

Analysts at the Bank of Canada say prices on goods affected by Ottawa’s counter-tariffs against the United States last year were roughly six per cent higher on average than non-tariffed goods.

Personal finance contributor Christopher Liew explains how to turn working a few extra years into one of the smartest financial moves you'll ever make.

Higher energy prices and rising food costs have been driving forces in increasing inflation so far this year, but a new survey shows the higher prices of goods is impacting young Canadians more than other age groups in the country.

Maple Leaf Foods Inc. reported a first-quarter profit of $46.1 million, down from $49.6 million a year ago, as its sales rose 6.2 per cent.

The proportion of millennials aged 25 to 39 living with their parents in 2021 was twice that of baby boomers in 1991 – 16.3 per cent compared to 8.2 per cent - according to a new analysis by Statistics Canada.

Canadian musicians say touring has become an increasingly high-risk gamble as fuel, food and accommodation costs soar.

With fuel prices rising again, motorists are looking for ways to save. While much of the advice being doled out isn’t necessarily new, many drivers don’t adhere to best practices when it comes to fuel efficiency - and now they’re paying more attention.

The Bank of Canada is holding its key policy interest rate at 2.25 per cent for the fourth consecutive time as it warns of higher inflation for the short term.

A family-owned business that makes PPE is warning retail consumers to brace for possible shortages of certain everyday items as the closure of the Strait of Hormuz sends the cost of oil-derived raw materials surging.