Corpay chief market strategist Karl Schamotta said Canada’s September CPI shows
no clear evidence that rising energy costs are spilling into broader goods and
services. Core inflation excluding food and energy eased to 1.9% from 2.0% in
August, a print Schamotta said signals a still‑soft domestic economy. With the
BOC’s quarterly business outlook survey due Monday evening, traders may revisit
interest‑rate expectations.
