Stock news for investors: Big gains for Canada’s banks in Q1 Feb 27th
BMO eliminates trading fees to compete with discount brokerages Sep 11th
Refinancing your mortgage? Here’s why a professional home appraisal is step one Mar 27th
The best GIC rates in Canada for 2025 Dec 22nd
The best GIC rates in Canada for 2026 Jun 16th
Here’s a round-up of news for Canadian investors this week.
Scotiabank
National Bank
RBC
CIBC
BMO
TD
Featured RRSP Accounts
featured
EQ Bank
Build your retirement savings with 1.50% interest, tax-deferred contributions and zero fees.
go to site
featured
Registered GIC rate
Earn a guaranteed 2.75% in your RRSP when you lock in for 1 year.
go to site
Best RRSP rates
See our ranking of the best RRSP accounts and rates available in Canada.
read now
Why trust us
MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance experts in Canada…
The MoneySense guide to inflation (2025)
– moneysense.ca
Inflation is the increase in the cost of goods or services. Governments use this valuable information to set monetary policy. In turn, lenders and banks also rely on inflation numbers to set interest rates, and borrowers use them to make investment or budgeting goals.
We’ll explain how inflation is measured in Canada and what it means for your wallet, before considering where inflation is headed.
What is inflation, and why does it happen?
Inflation is the increase in the price of goods over a set period of time (usually a year), meaning your dollar doesn’t hold as much value as it used to. Typically, inflation refers to a broad range of goods, not just one type of product.
Economists and government officials look at inflation to gauge consumer purchasing power. This also helps officials set monetary policy, which affects borrowing rates.
Although the causes of inflation change along with the rate of inflation, these are common types of situations that lead to inflation:
Quantity theory of money: Inflation is the result of lax monetary policy in which the money supply is too large (relative to the economy of the country)…
