Canada's Inflation Rate Remains Steady at 3% in August

Canada's inflation rate remained steady at 3% in August, as reported by Statistics Canada. The consumer price index showed that higher energy costs have not yet spilled over into broader consumer prices.

The annual rate of inflation was unchanged from the previous month, with rent and travel prices contributing to the overall increase.

Statistics Canada's report suggests that while some sectors are experiencing price pressures, these have not yet had a significant impact on the broader economy.