Key Points Initial estimates for 2026's Social Security cost-of-living adjustment (COLA) are not looking favorable.There are ...

Australian shares are set to open higher, oil extends collapse amid ceasefire, volatility index tumbles. May monthly CPI data ...

Key Points The Federal Reserve met in mid-June to determine whether to cut interest rates. Fed officials held rates steady ...

OTTAWA – Statistics Canada on Tuesday updated the basket weights for the goods and services it uses to determine inflation, increasing the influence of the shelter and transportation components.

The shelter component now makes up 29.12 per cent of the basket, up from 28.57 per cent, driven by mortgage interest costs and rent. The basket share for the transportation group rose to 17.29 per ...

OTTAWA — Statistics Canada on Tuesday updated the basket weights for the goods and services it uses to determine inflation, increasing the influence of the shelter and transportation components. The ...

The basket share for the transportation group rose to 17.29 per cent, compared with 16.78 per cent, due to an increase in the weight for passenger vehicles.

Canadian Press Jun 17, 2025 7:08 AMJun 17, 2025 7:35 AM Print ...

IIP on revised base would be released from 2026-27. For CPI, 2024 has been identified as the revised base year as the item basket and the weightage of the items would be decided based on the NSO’s ...

The increase then goes into effect in January of the following year — so the 2026 COLA announcement will be made in October 2025, and the first larger checks will come in January 2026.

Canada’s inflation edged lower in April, with the Consumer Price Index (CPI) rising 1.7% from a year earlier, down from March’s 2.3% gain and above previous estimates, Statistics Canada reported.