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Canada’s inflation slowed to 2.8% in November, with stable interest rates expected.
A new report released on December 27, 2025, reveals that Canada’s inflation rate slowed to 2.8% in November, down from 3.1% the previous month, driven by declining prices for housing and transportation.
The Bank of Canada indicated it may hold interest rates steady in the near term, citing progress toward its 2% target.
Meanwhile, employment data showed a modest gain of 18,000 jobs, with growth concentrated in health care and construction.
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La inflación de Canadá se desaceleró hasta el 2,8% en noviembre, y se espera que las tasas de interés sean estables.