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(SOURCE: PEXELS)

Inflation grows in February; StatsCan

By Kevin Northup Mar 18, 2025 | 10:37 AM

Inflation went up last month.

The rate shot to 2.6 percent year-over-year in February.

That’s up from the 1.9 percent increase in January.

Statistics Canada says the end of the GST holiday put pressure on the prices of eligible products.

Prices for food at restaurants declined at a slower pace year-over-year, but contributed the most to the overall price-index.

The numbers don’t reflect tariffs from the United States or counter-tariffs from Canada.