Inflation eased slightly in July, but core measures remain sticky, leaving economists doubtful the Bank of Canada will change course in September.

Canada's main stock index inched lower on Monday as investors avoided big bets ahead of domestic inflation data due on Tuesday and a key U.S. central bank conference starting on Friday.

Statistics Canada will issue the Consumer Price Index (CPI) for July on Tuesday. This will attract the market's attention since it will provide the Bank of Canada (BoC) with fresh information on how inflation is changing, which they use to set interest rates.

Consumer inflation in Canada rose by less than expected in July, according to Statistics Canada, as falling gasoline prices offset price increases elsewhere.

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The Canadian dollar was barely changed against its U.S. counterpart on Monday as oil prices rose and investors awaited domestic inflation data that could guide expectations for the Bank of Canada policy outlook.

Consumer sentiment in the United States is reaching lows not seen since the Great Recession. Will Canada be next to feel the ripple effects of the trade war?

Air Canada flights will resume on Saturday evening, as a strike by its 10,000 cabin crew came to an end. The Canadian Industrial Relations Board (CIRB) told the airline's staff to return to work and said that an expired collective agreement would be extended until a new one was agreed.