OTTAWA (Reuters) – Canada has not suffered the manipulation of its financial benchmarks that the London Interbank Offered Rate (Libor) has, but is nonetheless tightening up its rules to make sure this remains the case, Bank of Canada Deputy Governor Tim Lane said on Monday.
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CALGARY – Calgary’s annual inflation rate in February was more than double the Canadian average.
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OTTAWA – Does Canada still have a too-low inflation problem?
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SYDNEY (Reuters) – Two months of stronger inflation in Canada has made the central bank feel a “little more comfortable”, Bank of Canada chief Stephen Poloz said on Saturday, signaling that he may feel less pressure to cut interest rates to deal with disinflation.
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OTTAWA (Reuters) – Canada’s annual inflation unexpectedly jumped to 1.5 percent in January from 1.2 percent in December, reducing the likelihood of an interest rate cut by the disinflation-preoccupied Bank of Canada.
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There’s a lingering misconception out there that deflation will be a problem for Bitcoin, and that will prevent it from widespread use.
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The future of the Industrial Heartland looks bright, with a projected generation of $20 billion over the coming year.
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CALGARY – Alberta saw its annual inflation rate rise by 2.1 per cent in December, a much higher hike than the rest of the country.
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OTTAWA — The Bank of Canada is lowering its forecast for inflation, which has been persistently below the desired target, but keeping its key interest rate unchanged at 1.0 per cent.
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The Consumer Price Index (CPI) reflects the prices consumers pay on an average basket of goods and measures changes in the consumer-based inflation rate. The prices used to determine the CPI represent average consumer purchases such as groceries, clothes, retail goods, rent and mortgage.
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