Economists see oil spike costing Canada jobs, raising inflation

March 27, 2026

Bloomberg: Analysts in a Bloomberg survey see the consumer price index rising at a 2.4 per cent annual pace this year, up from 2.2 per cent in last month’s survey. Unemployment is expected to average 6.7 per cent in 2026, compared with 6.5 per cent previously, while the economy is seen expanding 1.1 per cent, down from 1.2 per cent…