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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Inflation expected to ease to 2.1%, lowest level since March 2021: economists
Economists anticipate that Canada’s annual inflation rate in August fell to its lowest level since March 2021.
Canada’s inflation rate fell to 2.5% in July, lowest since March 2021
Canada’s annual inflation rate fell to 2.5 per cent last month, matching forecasters’ expectations as price pressures continue to retreat.
Economists expect July inflation data to set the stage for more rate cuts
Canada’s inflation rate likely took another dip last month, according to economists who expect the Bank of Canada to continue cutting interest rates throughout the
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