Great Season For Maple Syrup, But Consumers Will Pay More
Great weather means an exceptional season for maple syrup producers. But increased costs will be passed down to consumers.
Inflation
N.B.’s Minimum Wage Increases Could Lead To Price Hikes: Retail Council
The minimum wage went up on April 1st to $12.75 per hour, an increase of a dollar with another one-dollar increase is planned for October of this year.
Five-Dollar Items Coming To Dollarama
Inflation is making it tougher for Canada’s largest dollar-store chain to live up to its namesake.
Narrative Research Just Recorded Atlantic Canada’s Lowest Consumer Confidence Level In More Than 25 Years
After a period of slow recovery since the beginning of the pandemic, consumer confidence in Atlantic Canada has declined over the past six months, reaching a new low, according to Narrative Research.
Inflation Hits 5.7 Percent In February
Statistics Canada says February’s increase was the largest in more than 30 years.
Canada’s Annual Inflation Surpasses Five Percent
At the root of the increases are ongoing supply chain issues and elevated consumer energy prices.
No End In Sight For Record High Gas Prices
A market expert says there’s no end in sight for record gas prices as rampant inflation and tensions in Ukraine drive prices up.
Nova Scotia Will Implement $15 Minimum Wage By 2024
The Government of Nova Scotia has accepted a series of recommendations that will grow the province’s minimum wage to $15 an hour and guarantee minimum wage rises faster than inflation.
Bank of Canada Maintains Interest Rate At 0.25 Percent
Many economists had predicted that it would rise based on inflation rates hitting a 30-year high in December 2021.
Canada’s ‘Misery Index’ Among Highest In Industrialized World
In a recent study titled: “Return of The Misery Index,” Canada had the 6th worst misery score (10.88) out of 35 industrialized nations in 2021.
