With many Canadians still struggling financially, the federal government is facing pressure to deliver more help in the upcoming budget.
The Bank of Canada has been laser-focused on bringing inflation back down to its two per cent target. Its aggressive rate hike cycle over the last year is starting to slow the economy by forcing people and businesses to pull back on spending.
But the Liberals are also facing pressure from New Democrats to continue providing support for low-income Canadians who are hardest hit by inflation.Article content “In our budget, we are going to be putting forward measures that will directly help Canadians,” Trudeau said. Jean said lower gas prices last month likely drove the headline inflation rate down further. Other components of the CPI, like food prices, probably didn’t ease by much.We apologize, but this video has failed to load.RBC economist Carrie Freestone said businesses, including grocers, have been able to pass on the extra costs they’re facing from suppliers to consumers. But grocery prices are still expected to ease as lower agricultural commodity prices feed through the supply chain.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Ottawa faces pressure to help struggling Canadians as inflation eases - National | Globalnews.caThe Bank of Canada has said persistently strong wage growth will make getting back to the two per cent inflation target difficult.
Lire la suite »
February inflation likely slowed, but Ottawa still faces pressure to help Canadians in budgetEven if inflation eased in February, the Liberals said the budget will include measures to help Canadians with the cost of living. Read on.
Lire la suite »
February inflation likely slowed, but Ottawa still faces pressure to help Canadians in budgetEven if inflation eased in February, the Liberals said the budget will include measures to help Canadians with the cost of living. Read on.
Lire la suite »
Inflation is easing but Ottawa faces pressure to help those who have fallen behindCanada's inflation rate likely took another dip last month, but with many Canadians still struggling with the cost of living, the federal government is facing pressure to deliver more help in the upcoming budget.
Lire la suite »
Inflation is easing but Ottawa faces pressure to help those who have fallen behind | National NewswatchNational Newswatch: Canada's most comprehensive site for political news and views. Make it a daily habit.
Lire la suite »
Inflation is easing but Ottawa faces pressure to help those who have fallen behindCanada's inflation rate likely took another dip last month, but with many Canadians still struggling with the cost of living, the federal government is facing pressure to deliver more help in the upcoming budget.
Lire la suite »