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Tariffs Reversal Could Slash Canada's Inflation by 2026

9/26/2025

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Summary

Story summary

Tariffs reversal could shave about 1 percentage point from Canada’s inflation in 2026.
Conservative Leader Pierre Poilievre blames deficits for inflation.
A Chief Financial Officer (CFO) survey finds tariffs account for one-third of price increases and may persist into 2026.
Bank of Canada cut the policy rate to 2.5% amid uncertainty, with inflation at 1.9% and food at 3.4%.

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Story summary

Tariffs reversal could shave about 1 percentage point from Canada’s inflation in 2026.
Conservative Leader Pierre Poilievre blames deficits for inflation.
A Chief Financial Officer (CFO) survey finds tariffs account for one-third of price increases and may persist into 2026.
Bank of Canada cut the policy rate to 2.5% amid uncertainty, with inflation at 1.9% and food at 3.4%.