加拿大中央银行：2026年7月货币政策报告（英文版）

Economic growth in Canada has been weak but is set to pick up. Headline inflation has risen above 3%. If oil prices and gasoline refinery margins decline as assumed, inflation should ease in the coming months. Inflation excluding gasoline remains near 2%. Gross domestic product (GDP) in the first quarter of 2026 was at the same level as in the first quarter of 2025. Growth over this period was choppy and uneven across sectors, impacted by US tariffs, trade policy uncertainty and slowing popul