Inflation in Canada steadied in May as drivers paid less at the pump and hefty rent increases continued to cool, though the central bank may still lack a clear enough signal to cut interest rates agai

Canadian consumer prices held steady while underlying core measures eased, likely giving some relief to Bank of Canada policymakers who had raised concerns about hotter underlying inflation prints in recent months.

Rent, food and mortgage interest saw smaller increases, potentially offsetting concerns about price hikes resulting from tariffs