Grandparents killed in wrong-way crash on Hwy. 401 identified
A 60-year-old man and a 55-year-old woman killed in a wrong-way crash on Highway 401 earlier this week have been identified by the Consulate General of India in Toronto.
The cost of nearly everything at the grocery store continued to climb higher to push the annual inflation rate up in April.
Statistics Canada said Wednesday that its consumer price index for April rose 6.8 per cent compared with a year ago, up from a gain of 6.7 per cent for March.
The rate was the highest since January 1991 when the annual rate was 6.9 per cent.
"The key takeaway from April's CPI release is that inflation is spreading much more broadly, and at clear risk of getting firmly entrenched," Bank of Montreal chief economist Douglas Porter wrote in a brief report.
"Barring a deep dive in oil prices in coming weeks and months, we expect that the worst is yet to come on the headline readings, and that inflation north of six per cent will still be with us by the end of this year."
Overall food costs rose 8.8 per cent compared with a year ago, while Canadians paid 9.7 per cent more for food at stores in April, the largest increase since September 1981. The cost of food in restaurants was up 6.6 per cent.
Compared with a year ago, the cost of fresh fruit was up 10 per cent, fresh vegetables gained 8.2 per cent and meat rose 10.1 per cent. The cost of bread rose 12.2 per cent, while pasta gained 19.6 per cent and rice added 7.4 per cent.
Russia's invasion of Ukraine in late February has put upward price pressure on food products that use wheat, Statistics Canada said, while poor weather in growing regions has also impacted prices for food.
The agency also said higher prices for things such as fertilizer and natural gas continued to increase the cost for farmers, who have passed along some of these costs.
Also contributing to the overall rise in the cost of living was a 7.4 per cent increase in shelter costs as the cost to heat a home climbed higher. Natural gas rose 22.2 per cent and fuel oil and other fuels gained 64.4 per cent.
Compared with a year ago, consumers paid 36.3 per cent more for gasoline in April, however the increase was smaller than the year-over-year gain of 39.8 per cent in March.
Excluding gasoline, the annual rate for April was 5.8 per cent compared with a year-over-year gain of 5.5 per cent for March.
The average of the three measures of core inflation that are closely watched by the Bank of Canada rose to 4.23 per cent in April compared with 3.93 per cent in March.
The central bank raised its key interest rate target by half a percentage point to one per cent last month and warned more interest rate hikes are coming as it works to try to bring inflation back to its target of two per cent.
In its monetary policy report last month, the Bank of Canada said it expected inflation to average almost six per cent in the first half of the year, however it has since said it will likely be revising its forecast.
The Bank of Canada's next rate announcement is scheduled for June 1.
Here's what happened in the provinces (previous month in brackets):
The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets):
This report by The Canadian Press was first published May 18, 2022.
A 60-year-old man and a 55-year-old woman killed in a wrong-way crash on Highway 401 earlier this week have been identified by the Consulate General of India in Toronto.
Three people have been arrested and charged in the killing of B.C. Sikh activist Hardeep Singh Nijjar – as authorities continue investigating potential connections to the Indian government.
Pius Suter scored with 1:39 left and the Vancouver Canucks advanced to the second round of the NHL playoffs with a 1-0 victory over the Nashville Predators on Friday night in Game 6.
TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits.
A Quebec man who pleaded guilty to threatening Prime Minister Justin Trudeau and Premier François Legault has been sentenced to 20 months in jail.
RCMP say human remains found in a rural area in central Saskatchewan may have been there for a decade or more.
A source close to singer Britney Spears tells CNN that the pop star is 'home and safe' after she had a 'major fight' with her boyfriend on Wednesday night at the Chateau Marmont in West Hollywood.
As Wegovy becomes available to Canadians starting Monday, a medical expert is cautioning patients wanting to use the drug to lose weight that no medication is a ''magic bullet,' and the new medication is meant particularly for people who meet certain criteria related to obesity and weight.
Drew Carey took over as host of 'The Price Is Right' and hopes he’s there for life. 'I'm not going anywhere,' he told 'Entertainment Tonight' of the job he took over from longtime host Bob Barker in 2007.
Alberta Ballet's double-bill production of 'Der Wolf' and 'The Rite of Spring' marks not only its final show of the season, but the last production for twin sisters Alexandra and Jennifer Gibson.
A British Columbia mayor has been censured by city council – stripping him of his travel and lobbying budgets and removing him from city committees – for allegedly distributing a book that questions the history of Indigenous residential schools in Canada.
Three men in Quebec from the same family have fathered more than 600 children.
A group of SaskPower workers recently received special recognition at the legislature – for their efforts in repairing one of Saskatchewan's largest power plants after it was knocked offline for months following a serious flood last summer.
A police officer on Montreal's South Shore anonymously donated a kidney that wound up drastically changing the life of a schoolteacher living on dialysis.
Since 1932, Montreal's Henri Henri has been filled to the brim with every possible kind of hat, from newsboy caps to feathered fedoras.
Police in Oak Bay, B.C., had to close a stretch of road Sunday to help an elephant seal named Emerson get safely back into the water.
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
Raneem, 10, lives with a neurological condition and liver disease and needs Cholbam, a medication, for a longer and healthier life.