The year-over-year inflation rate slowed to 7.6 per cent in July, largely driven by a decline in gas prices even as prices for food, rent and travel continued to rise.
Bank of Canada deputy governor Paul Beaudry to give a speech to the University of Waterloo on pandemic macroeconomics. Beaudry is expected to talk about the lessons learned by policymakers during the pandemic and what may be ahead as we continue to face challenges.