Tuesday, September 19th, 2023
Canada’s inflation rate increases to 4%
Grocery prices increased at 6.9 per cent annual pace Canada’s inflation rate jumped higher last month, to an annual pace of four per cent, mostly because of an increase in gasoline prices. Statistics Canada reported Tuesday that the inflation rate ticked higher by 0.7 percentage points, in large part because gasoline prices increased on an annual basis for the first time since January. Pump prices increased by 4.6 per cent in August alone, and are up by 0.8 per cent compared to where they were a year ago. Energy pricesRead more
Unifor and Ford reach tentative deal, averting strike
Deal comes a day after strike deadline passes Unifor and Ford have reached a tentative contract deal, averting a strike that would have seen around 5,600 Canadian workers hit the picket lines, and providing a roadmap for an agreement for thousands of other autoworkers employed by General Motors and Stellantis. “We believe that this tentative agreement, endorsed by the entire master bargaining committee, addresses all of the items raised by members in preparation for this round of collective bargaining,” said Unifor National President Lana Payne. “We believe that this agreement will solidifyRead more