The increase came as the economy added 60,000 jobs in June, driven by gains in full-time work
The long-awaited decline in food inflation has yet to come
A dip in inflation may not be enough to stop another rate hike
Households had greater purchasing power in Q4 2022 than before the pandemic
Latest hike came after inflation rose slightly to 4.4% in April
Link between government spending and inflation is complex
Population growth may be interfering with the BoC's efforts by propping up demand in the housing market
Job gains have moderated, StatsCan says
Canadian economy still growing despite interest rates that are at their highest levels since 2007
Statistics Canada reports real gross domestic product grew at annualized rate of 3.1% in Q1