BREAKING | Inflation slows to 7.6 per cent in July, Statistics Canada says
Statistics Canada says the year-over-year inflation rate slowed to 7.6 per cent in July as economists widely expected the pace of price increases to slow that month.

Statistics Canada says the year-over-year inflation rate slowed to 7.6 per cent in July as economists widely expected the pace of price increases to slow that month.
Ridly Greig was a little banged up after helping Canada to a big win at the world junior hockey championship on Monday.
City council approved a $15.2 million investment to fund a joint dispatch centre in Chinatown, with some hoping the province would help pick up the tab.
Edmonton basketball players faced off against each other in a four-on-four streetball tournament this weekend.
The City of Edmonton's Movies on the Square are back next Wednesday.
Some of the biggest names in the comedy world will descend on Edmonton this weekend, as the Great Outdoors Comedy Festival returns for a second year.
The last supermoon of the year lit up the skies over Alberta on Thursday night.
The Edmonton Oilers shared memories of superfan Ben Stelter on Thursday. Connor McDavid, Zach Hyman and head coach Jay Woodcroft held a virtual press conference to speak about the six-year-old.
A teepee was raised at the Fringe Festival grounds on Thursday morning to kick off the Indigenous theatre space, pêhonân.
West Edmonton Mall is looking for suggestions for names for its newest resident, a California Sea Lion pup.
Edmonton Folk Music Festival organizers and volunteers are hard at work ahead of the festival's sold-out return.
Edmontonians will have the chance to see the Toronto Raptors play in their own city this fall.
Alberta Premier Jason Kenney condemned a controversial prize-winning essay that's been criticized for being sexist and racist during his provincewide radio call-in program, but also appeared to downplay the controversy it generated.
A UCP MLA shook her head in frustration and said "wow" while walking away from a microphone Friday, as the fallout continued over an "abhorrent" essay that her government awarded.
Yet another delay to the opening of the Valley Line Southeast LRT has some questioning the value that public-private partnership (P3) infrastructure projects have, with the city pledging a comprehensive review into the practice.
Ottawa's plan to stop handgun imports into Canada has some gun owners and experts in Alberta calling it an overreach that could have unintended consequences.
A Parkland County intersection known as the "death trap" or the "devil's intersection" for how many fatal crashes it causes claimed another person's life this week, with residents continuing to push for a redesign.
As the squad prepares to face Finland on Monday in a game that will decide who finishes atop Group A at the world junior hockey championship, the host's biggest enemy might just be complacency.
Quarterback Cody Fajardo ran for a pair of touchdowns and passed for another as the Saskatchewan Roughriders emerged with a 34-23 CFL victory over the Edmonton Elks on Saturday.
Canada improved it record to three wins and no losses Saturday at the world junior hockey championship in Edmonton after scoring a 5-1 win against Czechia.
Three legendary Edmonton Elks players were honoured Friday ahead of their names being added to the team's Wall of Honour this weekend.
The Edmonton Elks are trying to stop history from repeating itself.
Canada's year-over-year inflation rate slowed to 7.6 per cent in July, with the deceleration largely driven by a decline in gas prices. The inflation rate hit a nearly 40-year-high of 8.1 per cent in June, but economists were widely expecting inflation to have since slowed.
The next time the Bank of Canada raises interest rates on the scheduled date of September 7, 2022, it could potentially trigger a recession. Although there may be a chance that we don’t enter into a recession and the BoC is still hoping for a soft landing, it’s best to be prepared. Contributor Christopher Liew explains how.
Massive explosions and fires hit a military depot in Russia-annexed Crimea on Tuesday, forcing the evacuation of more than 3,000 people, the second time in recent days that the Ukraine war's focus has turned to the peninsula.
One-quarter of front line employees surveyed at Canada's border agency said they had directly witnessed a colleague discriminate against a traveller in the previous two years.
Minister of Families, Children and Social Development of Canada Karina Gould is discouraging people from making fake travel plans just to skip the line of those waiting for passports.
Some energy experts warn a deal to sell Canadian hydrogen to Germany will serve as only a small, far-off and expensive part of the solution to Europe's energy crisis.
While many Canadians don’t support moving away from the metric system of measurement, many continue to use imperial measurements in their daily lives, according to a recent online poll.
Two of the people behind an accusation of political interference in the investigation of the April 2020 mass shooting in Nova Scotia will be before a House of Commons committee Tuesday.
The fatal film-set shooting of a cinematographer by actor Alec Baldwin last year was an accident, according to a determination made by New Mexico's Office of the Medical Investigator following the completion of an autopsy and a review of law enforcement reports. The medical investigator's report was made public Monday by the Santa Fe County Sheriff's Office along with numerous reports from the FBI on the revolver and ammunition that were collected following the shooting.