The central bank has been worsening the housing affordability crisis

High housing costs are the key driver of inflation in Canada, and the biggest immediate driver of housing costs are Bank of Canada interest rates

Finance Minister Chrystia Freeland talks up housing and affordability while austerity looms

Interest rate hikes are behind the collapse of new housing

With increased worker militancy, high cost of living, and majority public support, labour has a window of opportunity right now

Prices are not going to go down to what they were before. If workers want to keep their purchasing power, we need to fight for it.

Remarks to the Agriculture and Agri-Food Committee of the House of Commons

While they might have helped in the summer of last year, interest rate hikes are now actually increasing inflation.

CCPA Senior Economist David Macdonald breaks down the numbers by creating a new methodology, which shows that corporate profits are eating up the vast majority of the extra inflation dollars, far outpacing increased labour costs or other expenses.

Bumpy Ride Fall 2022 Update #5: Women's salaries are failing to keep up with inflation—a look at the latest numbers

Bumpy Ride Fall 2022 Update #3: Fall 2022 labour force data shows that pandemic-vulnerable sectors still have not recovered from COVID-19.

The federal government just released its latest fiscal update. CCPA senior economist David Macdonald has the details.

They’ve been enjoying excess profits throughout the pandemic.

The cost of living has gone up but the minimum wage hasn’t kept pace.

The combination of rising interest rates and high private debt catapults Canada into the top third most dangerous economic periods since the Second World War. If the Bank of Canada hikes interest rates by 0.5% or more in September, we’d move into second place.

The brand of turbo-charged capitalism that we call “neoliberalism” arrived in North America on a rising tide of inflation.