Inflation rate 1.6% for second month amid higher energy prices, lower food costs
The country's annual inflation rate once again rang in at 1.6 per cent last month as higher energy costs offset a seventh consecutive monthly decline in grocery prices.
Statistics Canada's latest consumer price index says higher prices for gasoline and natural gas were the biggest upward inflation drivers in April, year-over-year.
On the other hand, the agency says fresh produce and clothing applied the most downward pressure on the inflation rate.
Annual inflation was also 1.6 per cent in March and, according to Thomson Reuters, a consensus of economists had predicted 1.7 per cent inflation for April.
Statistics Canada is also releasing retail trade numbers that show total sales in March delivered a larger than expected rebound to increase by 0.7 per cent following a month-over-month contraction of 0.4 per cent in February.
The agency says total retail trade in March was nearly $48.3 billion thanks to stronger sales at motor vehicle and parts dealers.
In the biggest game of the season to date, the IceDogs stormed back from two down Saturday night, to defeat North Bay 4-2. With the win, Niagara takes over sole possession of fourth in the OHL's Eastern Conference.
The Niagara IceDogs accumulated 40 shots in a Friday road matchup in Mississauga but still fell 4-0. That sets up Saturday's home date with North Bay as the game of the year, with both teams in a statistical tie for fourth in the OHL's Eastern Conference.
Stephen Dhillon made 43 saves, including a season high 23 in the first, in an IceDogs 4-1 win over visiting Saginaw Thursday night. Kirill Maksimov scored a pair and added an assist against his former team, while Liam Ham, Ben Jones and Sam Miletic all had multi-point games.