The article explores why inflation in Canada has been low recently. It looks at global factors that might be affecting Canadian inflation, like changes in commodity prices and exchange rates. The researchers found that a global common factor for inflation in advanced economies doesn't explain much of Canada's inflation. They think the recent low inflation in Canada is mostly due to temporary factors like food and electricity prices. However, there is a possibility that some of the low inflation might be influenced by global factors that are not fully understood yet. Further research is needed to explore other ways these global factors could be affecting Canadian inflation.