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1:22 Inflation in Canada cools slightly to 2.3% in March

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Inflation in Canada cools slightly to 2.3% in March

April 15, 2025

Overall inflation eased for Canadians in March amid U.S. President Donald Trump’s trade war that continues to wear on consumer and business confidence. Statistics Canada said Tuesday that the annual pace of inflation cooled to 2.3 per cent last month, compared with 2.5 per cent in February. As Anne Gaviola reports, many economists say this leaves the door open for the Bank of Canada to cut its benchmark interest rate on Wednesday.

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