Canada Inflation Rises to 2.8% in April as Gas Prices Climb

15 articles · Updated · CTV News · May 19

StatCan reported Canada’s annual inflation rate accelerated to 2.8% in April, marking a pickup in consumer price growth.
Higher gasoline prices drove the increase, making fuel costs the main factor behind the stronger April reading.
The data points to renewed price pressure for households and could complicate expectations for the path of Canadian interest rates.

With inflation surging, will Canada's central bank be forced to abandon its 'wait-and-see' interest rate policy?

As an energy superpower, is Canada's economy actually winning or losing from the global oil price crisis?

Beyond temporary tax cuts, how can Canada permanently shield its citizens from volatile global energy prices?