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Canada inflation eases to 1.7%, driven by falling gas prices
Out of 10 Canadian provinces, six saw prices rising at a slower year-over-year pace in July compared with June. Nova Scotia’s inflation held steady. Quebec, Prince Edward Island and Newfoundland and Labrador saw higher inflation in July, with the latter experiencing the most acceleration, mainly due to higher electricity prices.

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Inflation in Canada slows more than expected to 1.7% in July as gas prices recede, food prices steam higher
Inside Halton · 16h
Why is my grocery bill climbing even as Canada’s inflation rate falls? Here’s what’s behind the numbers
How Tuesday’s inflation report has shifted market and economist views for future BoC rate cuts
Money markets are pricing in modestly higher odds that the Bank of Canada will cut interest rates at its next policy meeting in September following this morning’s consumer price index report.

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City News · 17h
New inflation data increases chances of interest rate cut
Lethbridge Herald · 22h
Economists split on BoC’s next rate move after July inflation data
Canada’s inflation rate slows to 1.7% in July, raising odds of BoC rate cut
“An easing in inflationary pressures during July means that we have successfully cleared one obstacle on the path towards a potential September interest rate cut,” said CIBC senior economist Andrew G...

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Inflation slowed to 1.7% in July, but food prices rose at faster pace
City News · 1d
Inflation rate cools to 1.7% in July thanks to lower gas prices: StatCan
Wealth Professional4h

Canadian CPI eases in July, bank economists eye rate cuts

Canada’s inflation rate cooled in July, with headline CPI rising 1.7% year-over-year, down from 1.9% in June.

Canadian dollar falls as inflation data fuels rate cut bets

The Canadian dollar hit its lowest in almost three weeks against its U.S. counterpart on Tuesday as oil prices fell and cooler domestic inflation data raised expectations the Bank of Canada would cut interest rates in the coming months.
TipRanks on MSN10h

Canada’s Core Inflation Stalls, Misses Estimates

Canada’s Core Inflation Rate MoM for July remained unchanged at 0.1%, consistent with the previous month’s figure. This stability indicates a
Canadian Mortgage Trends1d

Bank of Canada likely unmoved by modest dip in inflation, economists say

Inflation eased slightly in July, but core measures remain sticky, leaving economists doubtful the Bank of Canada will change course in September.

Canada CPI expected to tick higher on monthly basis in July amid uncertainty from US tariff impact

Statistics Canada will issue the Consumer Price Index (CPI) for July on Tuesday. This will attract the market's attention since it will provide the Bank of Canada (BoC) with fresh information on how inflation is changing, which they use to set interest rates.
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