Tuesday, April 18th, 2023
Canada’s inflation rate cools to 4.3% in March
Bank of Canada is forecasting rate to hit 3 per cent in a few months Canada’s inflation rate decelerated to 4.3 per cent in March, down from 5.2 per cent the previous month and also down to the lowest level since August of 2021. The cooling of the inflation rate was in line with what economists were expecting. Statistics Canada reported Tuesday that gasoline prices fell by 13.8 per cent in the year up to March, which is the fastest decline in the price of gas since July of 2020.Read more
Slow, unreliable and pricey: CRTC gets earful about northern internet
CRTC is holding hearings in Whitehorse through the week Slow and spotty connections, prolonged outages, high prices and few options for service providers. Those were some problems with northern internet that intervenors expressed to the Canadian telecommunications regulator at a hearing Monday on telecommunications in the North. “It’s mostly the Indigenous people who don’t have [internet] services,” Brenda Norris, who directs an Indigenous family internet initiative for the Native Women’s Association of the NWT, told the Canadian Radio-television and Telecommunications Commission (CRTC). “There’s a certain unfairness in the fact that theseRead more