A woman gasses up at a gas station in Mississauga, Ont., Tuesday, February 13, 2024. THE CANADIAN PRESS/Christopher Katsarov

Inflation jumps to 2.4% in March driven by Iran war oil shock, StatCan says

by The Canadian Press April 20, 2026

written by The Canadian Press April 20, 2026

By Craig Lord The annual rate of inflation accelerated to 2.4 per cent in March as the war in Iran sent fuel costs soaring, Statistics Canada said Monday. That’s a jump of more than half a percentage point from the headline inflation rate of 1.8 per cent in February, though economists had widely exp...

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Inflation Statistics Canada

The Canadian Press

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Inflation jumps to 2.4% in March driven by Iran war oil shock, StatCan says

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