Inflation in Canada has remained steady. A recent surge in oil prices may lead to increased risks of rate hikes by the Bank of Canada.

Further information on this development is available from Investing.com. The source provides details on the current state of inflation and its potential impact on the Bank of Canada's decisions.

For a more in-depth look at the situation, readers can consult the original report on Investing.com, which offers additional context and analysis on the steady inflation rate and its implications.