Inflation hit a new three-decade high in January, heaping more pressure on the Bank of Canada to raise interest rates for the first time since the pandemic started. The consumer price index rose 5.1 per cent in January from a year earlier, accelerating from December’s pace of 4.8 per cent and marking the first time since 1991 that inflation has surpassed 5 per cent, according to Statistics Canada. It was the 10th consecutive month that inflation has exceeded the Bank of Canada’s target range of 1 per cent to 3 per cent.
The cost of just about everything in Canada was more expensive in September, pushing headline inflation to its highest in almost two decades and complicating the Bank of Canada’s plans to keep interest rates pinned near zero until well into 2022. Prices are being driven higher around the world by an extreme mismatch between supply and demand. Suppliers are now scrambling to catch up, clogging ports and other transportation lanes that are dealing with their own pandemic-related issues. (
It’s official: our Supply Chain and Operations Management students are a force to be reckoned with on the international stage. A team of four students took first place and a €10,000 cash prize at the Final of the Global Student Challenge in Zwolle, the Netherlands.
Team members Nasim Changizi, Nasim Darabi, Shahryar Ebrahimi and Ahmad Kianimoghadam are all students in the School’s program.
A team of students from McGill’s School of Continuing Studies has earned second place in the APICS/TFC Global Student Final, an international student case competition in supply chain management.
Read more on , the School of Continuing Studies' online magazine.
Authors:ÌýZhu, J.,ÌýBoyaci, T.Ìý²¹²Ô»åÌýRay, S.
Publications:ÌýEuropean Journal of Operational Research
Authors:ÌýChen, W.,ÌýKucukyazici, B.,ÌýVerter, V.,ÌýJesús Sáenz, M.
Publication:ÌýEuropean Journal of Operational Research
Abstract:Ìý