Canadian inflation fell 0.1 percentage points to 1.8 percent in December as a brief sales tax holiday on selected consumer goods kicked off, the government statistical agency said Tuesday.
Canada's food inflation hit a historic low in December 2024, driven by the GST Holiday, but temporary relief highlights deeper market pricing complexities.
Canada's annual inflation rate ticked lower in December, thanks in part to Ottawa's temporary GST tax break, but economists still see interest rate cuts on the horizon as potential tariffs loom.
Retail sales in Canada remained largely unchanged in November, with declines in six of the nine subsectors. The most notable drop was seen in food and beverage retailers, which experienced a 1.6% ...
Some results have been hidden because they may be inaccessible to you