Sales at general merchandise retailers rose 3.3% in April, while food and beverage retailers saw a gain of 1.5%
New domestic stability buffer takes effect Nov. 1
Food prices have risen 18% over two years and prices will stay elevated due to shrinking herd sizes, wage growth and other factors
Four in 10 respondents set no money aside for retirement in the past year
CREA data suggest a marked shift away from sluggish sales and slumping prices
Higher inflation and debt payments are exceeding income growth
Stronger growth, tight labour market, and rise in inflation clinched the decision to raise key interest rate
Recession is likely for much of the country later this year, new research shows
Key interest rate now sits at 4.75%, highest it's been since 2001
Exports for April rose 2.5% led by energy and mineral products
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