Canada's inflation rate drops to 1.7%, aiding the Bank of Canada in supporting economic growth.

Economists predict Canada's annual inflation rate to drop to 1.7% in December, down from 1.9% in November, partly due to a temporary tax break on goods and services. This decrease could allow the Bank of Canada to continue lowering interest rates to support economic growth, despite potential tariffs from the U.S. that might cause inflationary pressures.

2 months ago
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