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Mining resources

Surging crude energy prices drive higher raw material costs

mining truck

Sales of petroleum and coal helped drive the increase, StatsCan said

inflation at the grocery store

Core inflation stays hot, while food components continue to ease

Oil sands

Zeba Mirza of Foyston Gordon & Payne says Canada’s energy industry looks the best it has ever looked.

  • By: Zeba Mirza
  • March 26, 2024 March 26, 2024
  • 13:01

Zeba Mirza of Foyston Gordon & Payne says Canada’s energy industry looks the best it has ever looked.

  • By: Zeba Mirza
  • March 26, 2024 March 22, 2024
  • 13:01
RBC Bank branch stock photo

The bank also reported little progress on reducing emissions of oil and gas financing

Global growth

While volatile food and energy components ease, other prices resist: OECD

inflation at the grocery store

Core inflation remained persistent, even as energy inflation stayed negative

Oil barrels

Red Sea conflict not expected to cause oil price spike amid strong supply, softer demand

Canada, provinces, map, red

Commodity producers to hold up better than interest-sensitive regions