2 TSX Stocks to Buy as Inflation Surges fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.
Inflation in Canada: 2 Super TSX Stocks to Buy fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.
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Canada’s inflation rate ticked up in February 2021 on the back of higher gas prices. The Bank of Canada recently commented on what to expect on this front in the months ahead. The central bank’s inflation target sits in the 1-3% range. In March, the BoC said that it expected inflation to hit the higher end of this target. The BoC conducted a survey to gauge public support in its monetary framework. It found that many Canadians felt the 2% inflation target does not accurately represent inflation due to consistently rising prices of numerous goods and services. Today, I want to look at three TSX stocks that are poised to gain momentum on the back of price inflation.
Melting butter hard? Palm oil may be the culprit, says food researcher
Many Canadians have struggled melting butter to room temperature. Food scientists say the reason for firm butter may be palm oil in cow feed.
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Posted: Feb 23, 2021 5:19 PM ET | Last Updated: February 23
All that baking Canadians have been doing during the pandemic led to an increased demand in butterfat, says food researcher Sylvain Charlebois.(Anetlanda / Shutterstock)