Canada’s S&P/TSX Composite Index slipped 0.3% to close at 27,925 on Tuesday as investors weighed softer-than-expected inflation data and fresh geopolitical developments. The Bank of Canada’s preferred inflation gauge, the CPI Trimmed-Mean, held at 3.0% in July against expectations of 3.1%, tilting market expectations toward a more accommodative policy stance. Meanwhile, headlines from President Trump’s meeting with Zelenskiy and European leaders pointed to a potential trilateral follow-up involving Putin, though details remain uncertain. Tech shares led the losses, with Celestica plunging 4.8% and Shopify down 2.3%, while major miners Agnico Eagle and Wheaton Precious each lost 2.1%. Offsetting some of the weakness, Canadian Pacific and Canadian National added 2.2% and 1.6%, respectively. In corporate news, Air Canada reached a tentative deal with the union representing 10,400 flight attendants, aiming to end the strike that had forced hundreds of cancellations.