An increase in July's report probably wouldn't be a complete surprise to the Bank of Canada
Wage growth rebounded in July, rising 5% year over year
Former immigration minister takes on expanded housing portfolio that includes infrastructure and communities
The bank decided that the cost of waiting too long to raise rates outweighed the benefits
June's decline in inflation was praised by governor Tiff Macklem, but he's also warned the central bank is ready to raise interest rates further. Why?
But Canadians continue to pay substantially higher prices for groceries
But Desjardins analysis also warns of housing tradeoffs
New projections suggest inflation will return to 2% target in mid-2025 – six months longer than the central bank previously forecast
Businesses that pay back their loans by the end of the year are eligible to have up to one-third of their loans forgiven
Forecasters say the economy has not softened enough for the central bank to back off