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In August 2023, Canada's inflation rate reached four percent, primarily driven by increased gas prices. [35] Food inflation rates reached 8.5 percent. [36] In November 2024, Canada's annual inflation rate rose to 2.0% in October, exceeding analyst expectations and marking the first increase since May 2024. [37]
The Canadian federal budget for the fiscal years of 2024–25 was presented to the House of Commons by Finance Minister Chrystia Freeland on 16 April 2024. [1] The budget's slogan is "Fairness for every generation", suggesting the government planned to help younger people.
The Chained Consumer Price Index C-CPI-U, a chained index, has been introduced. The C-CPI-U tries to mitigate the substitution bias that is encountered in CPI-W and CPI-U by employing a Tornqvist formula and utilizing expenditure data in adjacent time periods in order to reflect the effect of any substitution that consumers make across item ...
A CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indices and sub-sub-indices can be computed for different categories and sub-categories of goods and services, which are combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the ...
The Canadian federal budget for the fiscal years of 2023–24 was presented to the House of Commons by Finance Minister Chrystia Freeland on 28 March 2023. [2] The budget was meant to reflect Prime Minister Justin Trudeau's stated policy objective to "make life more affordable for Canadians" [3] while also reducing government expenditures.
On April 1, 2023, the minimum wage was increased by $0.80 in lieu of indexation. [16] Northwest Territories: 16.70 September 1, 2024 Each September 1 (started in 2023), based on the changes in the Yellowknife CPI and in the average hourly wage in the Northwest Territories as measured by Statistics Canada for the previous calendar year. [17 ...
The following is a list of events affecting Canadian television in 2024. Events listed include television show debuts, finales, cancellations, and channel launches, closures and rebrandings. Events listed include television show debuts, finales, cancellations, and channel launches, closures and rebrandings.
The 2022–23 network television schedule for the five major English commercial broadcast networks in Canada covers primetime hours from September 2022 through August 2023. The schedule is followed by a list per network of returning series, new series, and series canceled after the 2021–22 television season, for Canadian, American, and other ...