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Canada's inflation dropped to 2.8% in November, easing pressure on interest rates.
A new report released on December 22, 2025, reveals that Canada’s inflation rate eased to 2.8% in November, down from 3.1% the previous month, driven by declining prices in housing and transportation.
The Bank of Canada indicated it may hold interest rates steady in its upcoming meeting, citing progress toward its 2% target.
Meanwhile, employment data showed a modest gain of 15,000 jobs, with growth concentrated in health care and construction.
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La inflación de Canadá cayó al 2,8% en noviembre, aliviando la presión sobre las tasas de interés.