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Statistics Canada’s April inflation data to show impact of carbon price removal
- Statistics Canada released the April 2025 inflation data today, reporting key updates for Canada’s economy.
- The Liberal government removed the consumer carbon price at April’s start, which economists expect affected inflation.
- April was the initial complete month during which U.S.-Canada tariffs were in effect, though experts note that exemptions helped minimize their impact on headline inflation.
- Economists forecast annual inflation dropped from 2.3% in March to about 1.6% in April, with relief noted at gasoline pumps.
- RSM economist Tu Nguyen said tariffs have not pushed inflation higher yet despite rising costs for goods like autos.
23 Articles
23 Articles
Bowen Island Undercurrent
Statistics Canada's April inflation data to show impact of carbon price removal
OTTAWA — Statistics Canada is set to release inflation data for April today. Market data shows economists on average expect the annual rate of inflation cooled to 1.6 per cent last month, from 2.3 per cent in March.
Market Open: Inflation Data Due Boosting Investor Confidence and TSX Up | Tues May 20
It’s a short trading week north of the border and inflation data is set to be announced later in the day, giving investors some confidence and tipping Canadas main stock index up this morning. Market Numbers (Futures) TSX :Up( 0.30%) 26,049.85TSXV: Up (0.81%) 672.84DOW: Down (0.02%) 42,875.00NASDAQ: Down (0.25%) 21,468.25FTSE: Up (0.59%) 8,750.73 In the Headlines: G7 finance ministers meeting in Canada this week aim to align with the U.S. on ke…
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