Slower growth in the price of fresh vegetables helped offset higher energy prices.

Price growth remains close to the Bank of Canada's two-per cent target, reducing the chance of an in interest-rate adjustment in the near future.

Inflation remains right around the Bank of Canada's target, providing no additional clues about the central bank's next move on interest rates.

The price of fresh vegetables was up nearly 17 per cent compared to May of last year.

Slowing inflation and wage growth could lead the Bank of Canada to push back its next interest rate hike.

Gasoline supply disruptions during the hurricane season drove the consumer price uptick.

The Montreal-based retailer says the improved profit was due to higher sales from its expanding chain of low-priced general merchandise stores.

The inflation reading from Statistics Canada's latest consumer price index matched the 1.5 per cent year-over-year increase in May.

The higher inflation rate reflected a smaller impact from a drop in gasoline, natural gas and fuel oil prices.

Consumer demand for bacon took a hit following WHO report linking processed meat to higher cancer risks. But shoppers were back ‘within a matter of weeks,’ meat exec says.