The Bank of Canada is expected to lower its key policy rate by a quarter of a percentage point today to three per cent.
Economists say the forecast reflects the latest inflation and jobs data.
Statistics Canada says the federal government’s temporary tax break had a huge part to play in the country’s inflation rate ticking lower to 1.8 per cent last month.
Meanwhile, the unemployment rate dipped to 6.7 per cent as wage growth slowed.
