Canada’s inflation rate edged down to 1.7 per cent in April, driven by lower energy prices, according to Statistics Canada.
Drop from 2.3 per cent in March
CBC News ·
(CBC)
Canada’s inflation rate eased to 1.7 per cent in April, driven by a drop in prices after the federal government removed the consumer carbon tax, according to Statistics Canada.
Lower crude oil prices were also a factor in the decline, the data agency said. The slowdown came after the inflation rate hit 2.3 per cent in March.
