If Official Numbers Say Inflation Is Virtually Zero, Why Do So Many Of Us Feel Otherwise?

in #partikolast month

If official numbers say inflation is virtually zero, why do so many of us feel otherwise?: Kevin Carmichael


The most important measure of the cost of living continues to show that deflation is a bigger threat than runaway prices.

The Consumer Price Index increased 0.1 per cent in August from a year earlier, the second consecutive month the year-over-yea…

'We are not playing that game': Canadian aluminum producers in tough spot as White House swaps tariffs for quotas — for now: Gabriel Friedman


Jean Simard, president of the Aluminum Association of Canada, says that if he’s learned anything in the past few years, it’s that he can’t plan too far ahead.

On Monday, he was discussing the impact of the Trump Administration’s 10 per cent tariff…

What the Black Entrepreneurship Program will mean to Canada: Larysa Harapyn


Andria Barrett, president of the Black Chamber of Commerce, speaks with the Financial Post’s Larysa Harapyn about the government’s new $220-million Black Entrepreneurship Program, and what it will mean for Black businesses across the country.

    Manulife to offer COVID travel insurance that covers medical care, quarantine and emergency transport home: Barbara Shecter


    Manulife Financial Corp. is preparing to launch a travel insurance product that covers emergency medical costs and trip interruption expenses resulting from the global coronavirus pandemic.

    Business and leisure travel remains sluggish more than si…

    How consumer behaviour has changed during COVID — and what that will do to our economy: podcast: Gabriel Friedman


    Reading a magazine article the other day, I was struck by a report that life in many parts of China has essentially returned to normal, or is returning much faster than it is here. There’s been some discussion about how authoritarian or semi-authoritarian gov…

    Everyone says save when you're young. Here's why that's not always a good idea: Jason Heath


    Saving is an important part of financial independence, but conventional saving advice may be unsuitable for young people. Before the critics pounce on the notion that the young shouldn’t necessarily focus on building savings, bear with me: as a middle-aged fi…

    TSX30 top-performing stocks shows Canadian tech sector no longer an afterthought: Victor Ferreira


    Technology was the second-best represented sector on a list of the top performing stocks on the Toronto Stock Exchange, providing a clear sign that the lagging group may finally be ready to take on more prominence in Canada.
    On Tuesday, TMX released its ann…

    Justin Trudeau's credibility as a fiscal manager is shot; he'll have to curb spending to get it back: Kevin Carmichael


    Veterans of the “northern peso” fight appear to be worried their efforts have been forgotten.

    The Great Recession and now the COVID-19 pandemic consume the headspace of the current generation of policy-makers. But before those life-altering events…

    Trans Mountain races to the finish line as two other pipeline projects near completion: Geoffrey Morgan


    CALGARY — Despite the drop in global oil demand and declines in upstream energy investment, the head of the company developing the Trans Mountain expansion expects the pipeline to be full of oil when construction wraps up in 2022. But he acknowledged the pipe…

    Home sales hit another record in August with prices gaining almost 19%: Larysa Harapyn


    Senior economist Shaun Cathcart talks to the Financial Post’s Larysa Harapyn about the latest record-breaking figures from the Canadian Real Estate Association and how the recovery still has legs.

    ‘Will anybody go nuclear?’ Tensions mount as Walmart starts charging suppliers to pay for its retail revamp: Financial Post Staff


    Walmart Canada officially started charging its suppliers extra fees on Monday, veering closer to what some in the grocery industry say could be a breaking point in the shaky relationship between food producers and supermarkets.

    Suppliers have been…

    Loblaw takes $75 million stake in largest virtual healthcare provider in Canada: Victor Ferreira


    Loblaw Companies Ltd. is investing $75 million in virtual health provider Maple Corporation as the grocer continues to expand its footprint in healthcare.

    The investment in Maple, the largest virtual care provider in Canada, gives Loblaw a minorit…

    How Canada convinced the world to eat engine lubricant: Special to Financial Post


    Canada has a rich history of innovation, but in the next few decades, powerful technological forces will transform the global economy. Large multinational companies have jumped out to a headstart in the race to succeed, and Canada runs the risk of falling beh…

    David Rosenberg: We have yet to see COVID’s real impact on economy: Larysa Harapyn


    David Rosenberg, chief economist at Rosenberg Research, speaks with Financial Post’s Larysa Harapyn about GDP forecasts and what we should expect from the Canadian economy, especially if there are more outbreaks of COVID-19.

    • What does Can…

      Mountain Equipment Co-op sold to U.S. private investment firm as pandemic take toll: Financial Post Staff


      Canadian outdoor equipment chain Mountain Equipment Co-op, announced Monday that its board has reached an agreement for Kingswood Capital Management to acquire all of its assets.

      MEC said the deal with the Los Angeles-based private investment firm…

      'Dollar for dollar, we will not back down': Retaliation on U.S. tariffs expected this week: Gabriel Friedman


      Deputy Prime Minister Chrystia Freeland is preparing to enact a sweeping set of retaliatory tariffs later this week on U.S. aluminum products, according to several sources familiar with the situation.

      U.S. President Donald Trump announced last mon…


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