News of the day: Inflation creeps higher, Bank of Canada in no rush, AI speeds up drug discovery, RBC joins Wrexham, manufacturing sales surge and more

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeUncategorizedNews of the day: Inflation creeps higher, Bank of Canada in no rush, AI speeds up drug discovery, RBC joins Wrexham, manufacturing sales surge and moreCatch up on the stories we’re following today You can save this article by registering for free here. Or sign-in if you have an account.Gasoline prices rose by 25.7 per cent year-over-year in July. Photo by John Mahoney/PostmediaIt’s Monday, August 17. Here are the top stories we’re following today.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountHigher gasoline prices pushed Canada’s inflation rate up to three per cent in July, but economists said they’ll be watching whether new 50 per cent U.S. tariffs go into effect this week to determine which way the Consumer Price Index will move next. Canada’s inflation rate rose to three per cent in July. Photo by PostmediaGet the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againHere’s what economists say the inflation data might mean for the economy and interest rates. Co-founders and brothers, from left: chief executive Guru Singh and Satya Singh, chief technology officer at Kitchener, Ont.-based Scispot.io Inc. Photo by Contributed/Scispot.io Inc.An Ontario startup aims to speed up drug discovery workflows for diseases such as cancer and Alzheimer’s with artificial intelligence. Actor and Wrexham owner Ryan Reynolds walks pitch-side ahead of the English National League football match between Wrexham and Boreham Wood at the Racecourse Ground Stadium in Wrexham, north Wales, on April 22, 2023. Photo by OLI SCARFF/AFP via Getty ImagesCanada’s largest bank has inked a deal to become a sponsor and official banking partner of Wrexham AFC, an English soccer club that is majority co-owned by Hollywood actors Ryan Reynolds and Rob Mac. Employees work on the floor at the Magna International Inc. Polycon Industries auto parts manufacturing facility in Guelph, Ont. Photo by Cole Burston/Bloomberg filesManufacturing sales in Canada climbed in the second quarter of 2026 for the fourth quarter in a row, another sign that the Canadian economy rebounded after a sluggish start to the year.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. 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