Higher oil and gas prices may be permanent: former Bank of Canada governor

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Higher oil and gas prices may be permanent: former Bank of Canada governor CBC NewsView Full coverage on Google News

The Canadian economy may need to find a way to permanently adjust to higher oil and gas prices even when the cost of other goods start to fall, according to a former Bank of Canada governor.The Canadian economy may need to find a way to permanently adjust to higher oil and gas prices even when the cost of other goods start to fall, according to a former Bank of Canada governor.

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One of Canada’s largest commercial banks fired a broadside at Prime Minister Justin Trudeau’s government, warning that high levels of federal spending are hurting the fight against inflation.

Trudeau is shirking Canada's inflation fight: Scotiabank - BNN Bloomberg

Deputy Prime Minister and Finance Minister Chrystia Freeland says the Canadian government is well aware of inflationary fears and as such, is committed to rein in federal spending.Deputy Prime Minister and Finance Minister Chrystia Freeland says the Canadian government is well aware of inflationary fears and as such, is committed to rein in federal spending.

'Fiscal consolidation' a priority, Freeland says as inflation soars | CTV News

As inflation rises, Canadians will have to cut your household budget – because Ottawa won’t cut its spendingAs inflation rises, Canadians will have to cut your household budget – because Ottawa won’t cut its spending

Tax & Spend: Time to cut your spending, so Ottawa doesn’t have to - The Globe and Mail

Canada's top banks are calling out the Trudeau government for adding to inflation instead of helping fight it as Canadians pay more.

Freeland says she's done enough on inflation, bank economists disagree | Toronto Sun

LILLEY: Freeland says she's done enough on inflation, bank economists disagree | Toronto Sun

It’s crucial for the government to convey the danger of our economic reality, nudge behaviour where it can and manage expectations around loss.It’s crucial for the government to convey the danger of our economic reality, nudge behaviour where it can and manage expectations around loss.

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Predictions by two major Canadian banks ahead of the May update in the coming days suggest inflation will have increased again to 7.4 per cent.Predictions by two major Canadian banks ahead of the May update in the coming days suggest inflation will have increased again to 7.4 per cent.

Rampant inflation means Bank of Canada must raise rates above 3%: economist - National | Globalnews.ca

Carolyn Rogers did not rule out a three-quarter point hike after data revealed CPI has hit a near 40-year high. Find out more.

Inflation 'is keeping us up at night,' says Bank of Canada deputy | Financial Post

OTTAWA — Bank of Canada senior deputy governor Carolyn Rogers said on Wednesday that inflation in Canada was too high and had not yet peaked, adding “it’s…

Bank of Canada says high May inflation 'keeping us up at night' | Regina Leader Post

Local news for Kelowna and the Okanagan Valley. Stuff that mattersSpencer Fernando is a writer, commentator, podcast host and former political insider. His career has included spells working for the Conservative Part.

Spencer Fernando: Trudeau Liberals are making Canadians poorer by refusing to cut spending

One of Canada's biggest banks believes the Bank of Canada might not need to raise interest rates as high if the federal government limits its spending plans.One of Canada's biggest banks believes the Bank of Canada might not need to raise interest rates as high if the federal government limits its spending plans.

Freeland defends budget after Scotiabank accuses feds of ‘doing nothing’ on inflation - National | Globalnews.ca

Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.Kitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.

Bank of Canada says high May inflation 'keeping us up at night' | Kitco News

Chrystia Freeland’s (and thus the Trudeau government’s) inflation strategy is, in truth, not an inflation strategy at all.

GUNTER: Explosion in federal spending is the No. 1 cause of inflation | Toronto Sun

GUNTER: The explosion in federal spending is the No. 1 cause of inflation | Toronto Sun

Economist says to expect food prices to stay high for another yearEconomist says to expect food prices to stay high for another year

Strategic support for B.C. residents needed as central bank works on inflation: experts – Abbotsford News

Watch Freeland defends federal spending following Scotiabank report critical of Trudeau government Video Online, on GlobalNews.caWatch Freeland defends federal spending following Scotiabank report critical of Trudeau government Video Online, on GlobalNews.ca

Freeland defends federal spending following Scotiabank report critical of Trudeau government | Watch News Videos Online

Watch Freeland defends federal spending following Scotiabank report critical of Trudeau government Video Online, on GlobalNews.ca

Freeland defends federal spending following Scotiabank report critical of Trudeau government | Watch News Videos Online

A bulletin to its investors by Scotiabank this week outlines the economic dilemma the Trudeau government is facing these days.

EDITORIAL: PM's big spending is fueling inflation | Toronto Sun

More are worrying about paying their bills with mortgage rates, rents and inflation all on the upswing.

Inflation, interest rates compound British Columbians’ anxiety | Vancouver Sun