Trump tariffs: Added uncertainty could force Bank of Canada to keep interest rates higher
A federal tax holiday came into effect just in time for the holidays, helping bring inflation down to 1.8 per cent in December from 1.9 per cent in November.
Canadians got a break on kids' clothing, restaurant food, wine and beer. But some items still climbed in price like gas and travel.
Even as overall price growth continues to ease, a new inflationary threat looms. -- hefty Trump tariffs on Canadian goods sold to the U.S., Canada’s largest trading partner.
Anne Gaviola has more.
For more info, please go to https://globalnews.ca/news/109....69549/inflation-cana
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on X HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #bankofcanada #inflationcanada