Inflation hits 3%: Canada's annual inflation rate accelerated to 3% in July, up from 2.8% in June, driven by a 25.7% year-over-year surge in gasoline prices amid ongoing Middle East conflict.
Food inflation slows: Grocery price growth cooled to 3.1% year-over-year from 3.9% in June, but still outpaced general inflation for the 18th consecutive month.
Moneris sale concerns: $2-billion CAD deal to sell Canadian payments processor Moneris to...
