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Energy-led CPI pullback supports BoC – TD Securities

TD Securities’ Robert Both expects Canadian headline CPI to ease to 2.9% year-on-year in June, with a 0.2% monthly decline driven by sharply lower Energy prices. Core measures such as CPI-trim and CPI-median are forecast to hold near 2.0%, while Shelter disinflation offsets stronger Food and Travel Services. The profile broadly tracks Bank of Canada projections.Energy drag and stable core inflation”We look for headline CPI to slide back to 2.9% y/y in June as prices…

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Popular garlic powder recalled over bacteria concerns

A popular garlic powder sold at Dollarama stores across Canada is being recalled due to potential microbial contamination, health officials announced this week. The Canadian Food Inspection Agency (CFIA) issued the recall Wednesday for Heavenly Spices garlic powder sold at Dollarama stores nationwide.The product is being recalled because it may…

Investing

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