OTTAWA - The federal government moved last week to formally repeal the electric vehicle sales mandate, but the more stringent emission standards Prime Minister Mark Carney promised to replace it with is not close to being finalized.

In a notice in the Canada Gazette posted on Friday, the government outlined the proposed regulations to repeal the mandate, which would have set a target of having EVs account for at least 20 per cent of auto sales across Canada this year. The target was to increase to 100 per cent by 2035.

The government forecasted the change would drive the adoption rate of EVs to 75 per cent of new sales by 2035, and 90 per cent by 2040.

The mandate is among a growing list of climate policies introduced by former prime minister Justin Trudeau which Carney is dismantling, including repealing the consumer carbon price and scrapping the emissions cap on oil and gas production.

OTTAWA - Canada's annual inflation rate was 3.0 per cent in July, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets):

— St. John's, N.L.: 4.1 per cent (3.7)

— Charlottetown-Summerside:  4.0 per cent (3.6)

— Halifax: 4.8 per cent (4.3)

OTTAWA - Canada's annual inflation rate was 3.0 per cent in July, Statistics Canada says. Here's what happened in the provinces (previous month in brackets):

— Newfoundland and Labrador: 4.2 per cent (3.8)

— Prince Edward Island: 4.0 per cent (3.8)

— Nova Scotia: 5.0 per cent (4.7)