Cost of gasoline was 28.6 per cent higher in April year-over-year, helping boost overall inflation, while the pace of inflation slowed for other costs like rent and food. Economists noted that core measures of inflation that strip out more volatile prices have risen at a much slower clip.

The Pentagon’s policy chief announced Monday that the United States will suspend its involvement in a joint body that coordinates military consultation with Canada, pointing to Canadian Prime Minister Mark Carney’s address to the World Economic Forum earlier this year.