Bloomberg: ‘Relief’: What Economists Are Saying About Canada’s Inflation Surprise
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The Globe and Mail: Half of businesses say their costs are rising, and many plan to pass them on to consumers: survey
Half of businesses say their costs are rising, and many plan to pass them on to consumers.
Financial Post: Businesses expect slower sales in short term as cost, labour issues persist: survey
Businesses expect subdued sales in the short term as they face continued cost and labour pressures, despite slowing inflation, according to a survey by the Canadian Chamber of Commerce.
Financial Post: Bank of Canada says June interest rate cut ‘within the realm of possibilities’
Andrew DiCapua, senior economist at the Canadian Chamber of Commerce, said energy price volatility remains a wildcard for the central bank, despite a more optimistic GDP forecast and anticipation of reduced inflation by year’s end.