inflation

(Courtesy photo)

Child hunger a major concern as Canadians hit by soaring food prices

About a third of people who rely on Canadian food banks are children

 

FILE - Cars line up for gas at a gas station in Martinez, Calif., on Sept. 21, 1973. An unhappy confluence of events has economists reaching back to the days of disco and the bleak high-inflation, high-unemployment economy of nearly a half century ago. No one thinks stagflation is in sight. But as a longer-term threat, it can no longer be dismissed.(AP Photo/File)

Worry about stagflation, a flashback to ’70s, begins to grow

Fears arise that high inflation, weak job market could combine in a toxic brew not seen in decades

 

Charity organizations around the province are seeing more clients but less help to support the growing number of people that need a helping hand. (File Photo/Lauren Collins)

Rising cost of living dealing a blow to South Surrey charities

Food bank, Cancer Drivers, Meals on Wheels struggling to serve South Surrey clients

 

Gas hit the listed price of $2.19.9 at one Vernon service station on 25th Avenue at 43rd Street Thursday, June 2. (Roger Knox/Morning Star).

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

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

Gas hit the listed price of $2.19.9 at one Vernon service station on 25th Avenue at 43rd Street Thursday, June 2. (Roger Knox/Morning Star).
Photo: Tom Zytaruk

COSTLY LIVING: Nickel & Dimed

Inflation and rising interest rates forcing Surreyites to change how they spend

Photo: Tom Zytaruk
Two boxes of Kleenex tissues are displayed in Ann Arbor, Mich., on Wednesday, May 25, 2022. (AP Photo/Dee-Ann Durbin)

‘Shrinkflation’: No, you’re not imagining it, package sizes are shrinking

Issue not new, but proliferates in times of high inflation as companies grapple with rising costs

Two boxes of Kleenex tissues are displayed in Ann Arbor, Mich., on Wednesday, May 25, 2022. (AP Photo/Dee-Ann Durbin)
The price of a Big Mac is used to gauge countries’ purchase power parity due to its widespread distribution. (Courtesy of HelloSafe)

Inflation driving up the cost of Big Macs across the globe

Burger index used as gauge of countries’ purchase power parity

The price of a Big Mac is used to gauge countries’ purchase power parity due to its widespread distribution. (Courtesy of HelloSafe)
A sign at a gas station displays the price of a litre of regular grade gasoline after it reached a new high of $2.28 in Vancouver on Saturday, May 14, 2022. Gasoline prices are showing no signs of letting up as the average price in Canada tops $2 a litre.THE CANADIAN PRESS/Darryl Dyck

Average price for gasoline in Canada tops $2 a litre for first time

Gasoline prices are showing no signs of letting up as the average…

A sign at a gas station displays the price of a litre of regular grade gasoline after it reached a new high of $2.28 in Vancouver on Saturday, May 14, 2022. Gasoline prices are showing no signs of letting up as the average price in Canada tops $2 a litre.THE CANADIAN PRESS/Darryl Dyck
A gas station sign is seen in front of a wall mural as gas prices surpass $2.00 per litre, Monday, May 9, 2022 in Montreal.THE CANADIAN PRESS/Ryan Remiorz

Surging gas prices compound inflation’s toll on Canadians, hurt consumer sentiment

Inflationary domino effect sees gas prices raising shipping costs, which then hike price of goods

A gas station sign is seen in front of a wall mural as gas prices surpass $2.00 per litre, Monday, May 9, 2022 in Montreal.THE CANADIAN PRESS/Ryan Remiorz
Governor of the Bank of Canada, Tiff Macklem, and Senior Deputy Governor Carolyn Rogers appear before the House of Commons Standing Committee on Finance, in Ottawa on Monday, April 25, 2022. THE CANADIAN PRESS/Sean Kilpatrick

Key interest rate could soon go up another half point, central bank says

‘The economy needs higher rates and can handle them’

Governor of the Bank of Canada, Tiff Macklem, and Senior Deputy Governor Carolyn Rogers appear before the House of Commons Standing Committee on Finance, in Ottawa on Monday, April 25, 2022. THE CANADIAN PRESS/Sean Kilpatrick
Canadians under the age of 35 are more concerned than their Boomer and Gen X counterparts about their financial stability with the rising interest rates. (THE CANADIAN PRESS/AP/Elise Amendola, file)

Younger Canadians more worried than others as inflation reaches 30-year high

Millennials, Gen Z early in careers, haven’t weathered other financial storms

Canadians under the age of 35 are more concerned than their Boomer and Gen X counterparts about their financial stability with the rising interest rates. (THE CANADIAN PRESS/AP/Elise Amendola, file)
A loonie is pictured in Vancouver on April, 2014.THE CANADIAN PRESS/Jonathan Hayward

Inflation picks up steam in March to hit 6.7% amid war in Europe, supply chain woes

Highest reading since inflation hit 6.9 per cent in January 1991 when the GST was introduced

A loonie is pictured in Vancouver on April, 2014.THE CANADIAN PRESS/Jonathan Hayward
Prime Minister Justin Trudeau discusses the budget with Bruno Johnson, right of Trudeau, his wife Catherine Pilote, left, Alexe Vigneault-Pinard, far right, and Simon Vervaet, right, on Wednesday, April 13, 2022, in Laval, Que. THE CANADIAN PRESS/Ryan Remiorz

Trudeau says budget measures will help Canadians weather Bank of Canada rate hike

PM: ‘We put forward a plan to address the housing crisis that too many families are living through’

Prime Minister Justin Trudeau discusses the budget with Bruno Johnson, right of Trudeau, his wife Catherine Pilote, left, Alexe Vigneault-Pinard, far right, and Simon Vervaet, right, on Wednesday, April 13, 2022, in Laval, Que. THE CANADIAN PRESS/Ryan Remiorz
The Bank of Canada building is seen in Ottawa, Wednesday, April 15, 2020. THE CANADIAN PRESS/Adrian Wyld

Bank of Canada raises key interest rate by 0.5%, biggest hike in 20 years

Jump implemented in attempt to battle rising inflation

The Bank of Canada building is seen in Ottawa, Wednesday, April 15, 2020. THE CANADIAN PRESS/Adrian Wyld
FILE—A private Ukrainian farmer Dmytro Hnatkevitch harvests wheat crop on his farm in the village of Grygorovka, 110 km south of Kiev, in August, 1996. Prices for food commodities like grains and vegetable oils reached their highest levels ever last month because of Russia’s war in Ukraine and the “massive supply disruptions” it is causing, the United Nations said Friday, April 8, 2022. (AP Photo/Efrem Lukatsky)

Food prices soar to record levels on Ukraine war disruptions

UN’s Food Price Index up 12.6% from February, which was the highest level since its inception in 1990

FILE—A private Ukrainian farmer Dmytro Hnatkevitch harvests wheat crop on his farm in the village of Grygorovka, 110 km south of Kiev, in August, 1996. Prices for food commodities like grains and vegetable oils reached their highest levels ever last month because of Russia’s war in Ukraine and the “massive supply disruptions” it is causing, the United Nations said Friday, April 8, 2022. (AP Photo/Efrem Lukatsky)
Various cuts of beef are seen in the meat section at an Atlantic Superstore grocery in Halifax, Friday, Jan. 28, 2022. Food prices are continuing to climb in Canada, pushing up grocery bills and forcing some households to change shopping habits.THE CANADIAN PRESS/Kelly Clark

How to save on your grocery bill as inflation sends food prices higher

Food prices rose 7.4 per cent in February from a year earlier, biggest jump in more than a decade

Various cuts of beef are seen in the meat section at an Atlantic Superstore grocery in Halifax, Friday, Jan. 28, 2022. Food prices are continuing to climb in Canada, pushing up grocery bills and forcing some households to change shopping habits.THE CANADIAN PRESS/Kelly Clark
A sign displays the price of a litre of regular grade gasoline at an Esso gas station as a motorist waits at a red light, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck

Canadians cutting back spending on groceries, restaurants as inflation rises: poll

Four-fifths of respondents said inflation was having a serious impact on their households

A sign displays the price of a litre of regular grade gasoline at an Esso gas station as a motorist waits at a red light, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck
In this double exposure photograph, a sign displays the price of a litre of regular grade gasoline as people fuel up their vehicles at an Esso gas station, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck

Annual inflation rate hit 5.7% in February amid broad-based price increases

Canada’s inflation rate at its highest level since August 1991

In this double exposure photograph, a sign displays the price of a litre of regular grade gasoline as people fuel up their vehicles at an Esso gas station, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck
(File photo)

Over half of Canadians can’t keep up with the cost of living: poll

Western Canada most concerned with debt, job losses, rising costs of living

(File photo)
Gas prices are displayed at an Shell station in Newcastle, Ont. on Wednesday Feb. 2, 2022. THE CANADIAN PRESS/Doug Ives

Inflation continues to outstrip wage growth as annual rate surpasses 5 per cent

Inflation rate of 5.1 per cent broke the 5 per cent barrier for the first time in 30 years

Gas prices are displayed at an Shell station in Newcastle, Ont. on Wednesday Feb. 2, 2022. THE CANADIAN PRESS/Doug Ives