Unexpectedly weak inflation report
The country's annual inflation rate slowed to an unexpectedly weak 1.6 per cent last month as the continued decline in food prices played a big role in offsetting the higher cost of gasoline.
The latest reading from Statistics Canada shows the pace of inflation decelerated from February's year-over-year reading of two per cent, which was right on the Bank of Canada's ideal target.
A consensus of economists had predicted 1.8 per cent inflation for March.
Statistics Canada's consumer price index shows some of the biggest downward forces on inflation were lower prices for clothing, footwear, fresh fruit and vegetables.
The report says year-over-year food prices fell 1.9 per cent in March, a sixth-straight monthly decline.
The agency says higher costs for purchases such as gas and travel tours were among the primary contributors last month to the upward pressure on prices.
Colton Incze stood on his head, making 40 saves, as the IceDogs fell 3-1 in Barrie. The game’s first star had to make 18 saves in the second period alone.
A night of deflections went the way of the visitors as the IceDogs fell 6-3 to visiting Owen Sound. In the 'Dogs first game in a 6 game in 9 days stretch, the home side was unable to hold a third period one goal lead.
The IceDogs could not repeat Saturday's third period magic falling 2-0 Sunday afternoon in Windsor. The game's only two goals came in the last eleven minutes of play.