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flag Canada’s inflation slowed to 2.8% in November, with stable interest rates expected.

flag 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. flag The Bank of Canada indicated it may hold interest rates steady in the near term, citing progress toward its 2% target. flag Meanwhile, employment data showed a modest gain of 18,000 jobs, with growth concentrated in health care and construction.

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