Inflation cooled to 2.3% in March as gas prices fell: StatCan [Video]

By Craig Lord The Canadian Press

OTTAWA – A surprise slowdown in inflation last month has turned the Bank of Canada’s interest rate decision on Wednesday into a coin toss, with some economists leaning toward a hold and others saying a cut is warranted.

The annual rate of inflation slowed to 2.3 per cent in March, Statistics Canada said Tuesday, down from 2.6 per cent in February.