Business
Inflation slows again in Canada to 2%
2 years ago(FILES)The Bank of Canada building is viewed in Ottawa on April 12, 2011. The Bank of Canada raised its benchmark interest rate by 25 basis points to 1.25 percent on January 17, 2018, pointing to sustained growth in the G7 economy and inflation that is closer to the country's target.For 2018, the central bank put GDP growth at 2.2 percent, slowing to 1.6 percent in 2019 -- a slower pace than the estimated 3.0 percent growth expected for 2017, the bank said in a statement. / AFP PHOTO / GEOFF ROBINS
Inflation in Canada eased to two percent year-on-year in August, hitting the target set by the country's central bank and marking its slowest increase since February 2021, official data showed…