The annual rate saw its first increase since it peaked in January at 2.1%
The June number followed inflation readings of 1.3% in May and 1.6% in April, slipping further away from the Bank of Canada’s 2% target
New data show that steps taken at federal, provincial and municipal levels have begun to temper the country’s real estate sector
The bank’s most recent quarterly survey of Canadian firms finds that corporate expectations are all above historical averages
The Bank of Canada’s next interest rate announcement is set for July 12
Weaker year-over-year growth in gasoline prices helped slow the annual rate
Rising interest rates threaten to make it harder for Canadians to pay down their debt
Stephen Poloz also pointed to several lingering uncertainties that could mean the central bank may not be ready to increase rates just yet
Bank officials strongly deny allegations of questionable sales practices