Inflation rate unexpectedly eases, global IT outage disruptions and the best mortgage rates in Canada: Business and investing news for July 21

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Plus, all major Canadian grocers agree to sign on to grocery industry code of conduct

Inflation rate unexpectedly eases, global IT outage disruptions and the best mortgage rates in Canada: Business and investing news for July 21A screen displays an announcement on possible travel delays due to a global IT outage Gatwick Airport in Crawley, U.K. on July 19.Getting caught up on a week that got away? Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies and more.

after years of contentious negotiations. Costco Canada and Walmart Canada agreed to participate in the new rules, which are designed to improve fair dealings in the industry, especially between big grocers and their suppliers. Their agreements follow Canada’s largest grocer, Loblaw Cos. Ltd., which also dropped its earlier opposition to the code in May. The new code is expected to be implemented by June of next year.

 

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