BREAKING: Annual pace of inflation in Canada cooled in February
The result compared with an annual inflation rate of 5.9 per cent in January.Statistics Canada is set to release its latest report this morning on how much theThe overall annual inflation rate was 5.
9 per cent in January, but the year-over-year increase for food prices was 10.4 per cent.The inflation report comes ahead of the federal budget on March 28.The central bank left its key interest target unchanged at 4.5 per cent earlier this month, the first time it did not raise the rate since it began increasing it last year.
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