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Inflation hit 5.7% in February. Economists say it hasn’t peaked

Statistics Canada says the annual inflation rate climbed to 5.7 per cent in February, with economists pointing to the war in Ukraine as one of the significant factors pushing the price index to its highest point since August 1991.

Helping to drive the increase in February were higher gasoline prices that were up 32.3 per cent compared with February 2021 and 6.9 per cent from a month earlier.

Statistics Canada says that excluding gasoline prices, the headline inflation rate would have been 4.7 per cent in February.


In other words Trudeau’s Carbon tax thievery will make it worse.

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