Freeland announces steps to make banking more affordable, create complaints mechanism

Freeland says she has instructed the Financial Consumer Agency of Canada to work on making more no-fee and low-cost bank accounts available to Canadians.

The federal government has been regularly putting up its cabinet ministers for weekly announcements on part of a push to get ahead on affordability issues.

Canada's inflation rate edged down to 3.8 per cent last month as price pressures eased across the economy, setting the stage for the Bank of Canada to hold its key interest rate steady next week, economists say.Statistics Canada's latest Consumer Price Index report shows some foods continue to decrease in cost as inflation slows, but others remain expensive.

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