Diesel prices are seen at a gas station in Montreal on Thursday, April 9, 2026. THE CANADIAN PRESS/Christopher Katsarov

Inflation rises to 2.8% in April but Iran war impact limited to gas pumps for now

by The Canadian Press May 19, 2026

written by The Canadian Press May 19, 2026

By Craig Lord Higher gas prices driven mainly by the war in Iran pushed inflation higher in April but some economists argue the conflict's looming costs haven't been fully captured in the latest price data. Inflation rose to 2.8 per cent in April, Statistics Canada said Tuesday — the highest annual ...

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Inflation rises to 2.8% in April but Iran war impact limited to gas pumps for now

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