Articles on Inflation

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Shoppers on Sainte-Catherine Street take advantage of deals on Black Friday in Montréal on Nov. 29, 2024. THE CANADIAN PRESS/Christinne Muschi

Canada’s holiday tax break will have winners and losers — here’s what you need to know

While the tax break will indeed put more money into consumers’ pockets as the government has claimed, whether it will actually ease inflationary pressure is questionable.
Inflation may have decreased, but the prices at the grocery store didn’t. Michael M. Santiago/Getty Images

‘Inflation is radioactive’: Trump’s victory is part of a global populist wave of voters throwing out incumbents

Inflation is politically radioactive, and voters have a very long memory for it, as Democrats found when Donald Trump won and Kamala Harris lost the presidential election.
Members of the French union CGT Martinique perform a go-slow protest on the ring road leading to the airport in Fort-de-France, on the French Caribbean island of Martinique, on Oct. 15, 2024. Philippe Lopez/AFP via Getty Images)

The colonial legacy lurking beneath economic unrest in the French Caribbean

Recent protests in the French overseas territories of Martinique and Guadeloupe are ostensibly over cost-of-living increases. But the roots of inequality go much deeper.
Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers hold a press conference at the Bank of Canada in Ottawa on Oct. 23, 2024. THE CANADIAN PRESS/Sean Kilpatrick

Bank of Canada’s latest interest rate cut: Monetary policy is not enough to address economic issues on its own

Monetary policy is vital, but it cannot be the only way to fix the Canadian economy — it’s merely the first line of defence against inflation.

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