Canada's Inflation Slows in October; Worker Backlash at EV Battery Plant
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Canada's annual inflation rate slowed to 3.1% in October, down from 3.8% in September.
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Gasoline prices fell 7.8% year-over-year in October after rising 7.5% in September.
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Excluding gasoline, core inflation measures edged down to their lowest levels in about two years.
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Analysts predict slower growth for Canada's main stock index over the next year due to global economic slowdown.
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Workers from South Korea will work at NextStar EV battery plant in Windsor, sparking backlash as companies received major government subsidies.