Ottawa – Mélanie Joly, Minister of Foreign Affairs, concluded a productive visit to Vilnius, Lithuania alongside Prime Minister Justin Trudeau at the 2023 North Atlantic Treaty Organization (Nato) Summit in Vilnius, Lithuania. At the summit, Minister Joly underscored Canada’s steadfast support for Nato and Euro-Atlantic security as well as the country’s commitment to maintaining and strengthening the transatlantic bond and …
Canada’s annual inflation rate fell to 4.3% in March
Ottawa – The Consumer Price Index (CPI) rose 4.3% year over year in March, following a 5.2% increase in February. This was the smallest increase since August 2021 (+4.1%). On a year-over-year basis, Canadians paid more in mortgage interest costs, which was offset by a decline in energy prices. As a result of the steep monthly increase in prices in March 2022 (+1.4%), base-year effects, notably …