"Inflation is too high," Bank of Canada governor Tiff Macklem said
Eligible seniors would receive up to $1,000 more annually
Life expectancy changes may reshape policy decisions
February gains of 15.1% in clothing sales offset by 5.1% drop in auto sales: StatsCan
Private equity holdings rose nearly 66%
Had gas prices not risen 40%, annual inflation in March would have been 5.5%
Buyers may have pushed forward purchases ahead of higher rates
The jobless rate in March would have been 7.2% had it included people not actively looking
Financial institutions will also have to pay a one-time Canada Recovery Dividend on 2021 taxable income over $1B
To pay for some of the spending, the government is rolling out a tax on excess profits at banks and lifecos