Inflation falls to lowest in three years, paving way for another interest rate cut

Canada's annual inflation rate fell to 2.5 per cent last month, matching economists' forecasts and solidifying expectations for another interest rate cut in September. Tuesday's consumer price index report saysprices for travel tours, passenger vehicles and electricity helped drive the headline figure lower.The information you need to know, sent directly to you: Download the CTV News AppMeanwhile, shelter costs are still the main driver of inflation as Canadians face significantly higher rents a