Inflation

Higher energy prices and rising food costs have been driving forces in increasing inflation so far this year, but a new survey shows the higher prices of goods is impacting young Canadians more than other age groups in the country.

Maple Leaf Foods Inc. reported a first-quarter profit of $46.1 million, down from $49.6 million a year ago, as its sales rose 6.2 per cent.

The proportion of millennials aged 25 to 39 living with their parents in 2021 was twice that of baby boomers in 1991 – 16.3 per cent compared to 8.2 per cent - according to a new analysis by Statistics Canada.

Canadian musicians say touring has become an increasingly high-risk gamble as fuel, food and accommodation costs soar.

With fuel prices rising again, motorists are looking for ways to save. While much of the advice being doled out isn’t necessarily new, many drivers don’t adhere to best practices when it comes to fuel efficiency - and now they’re paying more attention.

The Bank of Canada is holding its key policy interest rate at 2.25 per cent for the fourth consecutive time as it warns of higher inflation for the short term.

A family-owned business that makes PPE is warning retail consumers to brace for possible shortages of certain everyday items as the closure of the Strait of Hormuz sends the cost of oil-derived raw materials surging.

Personal finance contributor Christopher Liew walks through how to start the money talk with aging parents and what to cover.

Rising grocery prices are continuing to strain household budgets across Canada, with more people turning to community support as the cost of basic food remains high.

A New Brunswick gas station owner says he’s trying to help the 'little guy' by holding gas sales at his two retail locations.

'Buy now, pay later' apps offer shoppers a way to split purchases into smaller instalments, often with no upfront cost. But money experts warn the convenience can come with hidden risks if users aren’t careful.

It might be hard to imagine the Iran war weighing on stuffed toys with names like Snuggle Glove, Bizzikins and Wobblies, but even plush playthings are not immune when oil shipments from the Middle East are constrained.

The ongoing conflict involving Iran and the continued blockade of the Strait of Hormuz are raising urgent concerns about global food security, according to an expert.

Steven MacKinnon says the government is closely following whether Canadian airlines will pass along savings to consumers from a gas tax suspension, but he could not guarantee they would.

Farmers on Prince Edward Island are bracing for fertilizer price hikes, as global supply pressure builds. For grain grower Alan Miller, that could make an already expensive season even harder to manage.