However, meat prices are expected to jump in 2017
Higher energy prices offset lower food costs in April
Sliding food costs help offset rising gas prices as the pace of inflation decelerated from 2% in February
Lower food prices soften impact of higher prices for gasoline
An increase in transportation costs, coinciding with new carbon-pricing policies, was the main contributor
The central bank’s monetary policy reports will no longer include projections for its core inflation measures
Lower food prices help ease impact of gasoline’s rise
The 1.2% reading from Statistics Canada’s consumer price index for November was weaker than October’s rate of 1.5%
The Bank of Canada governor says the central bank’s use of a inflation target has served the economy well, but it continues to look for ways to improve
A separate Statistics Canada report indicates that retail sales are sturdy and contributing to an improving economy