Gas prices drive inflation rate up by 2.1% as carbon policies take hold
StatsCan said the 6.3% increase in transportation costs was the main contributor to the higher rate.
Central bank, Ottawa renew inflation target deal at 2%
Bank of Canada says it will stop using its current preferred measure of core inflation.
Lower energy prices keep annual inflation rate at a cool 1.3% in March
Downward forces on oil and gas countered higher prices for shelter and food.
Plunging gas prices slow January inflation to 1%: StatsCan
Ontario posts the largest consumer price increase, up 1.6% from 2014.
Bank of Canada trying to determine why inflation on decline
Inflation above 2% erodes purchasing power, while when it’s below 2% it depresses consumer demand.