Business·BreakingEconomists expected the rate to rise for the month, and it comes after the inflation rate climbed to 2.4 per cent the month before.Economists expected rate to rise for the monthCBC News · Posted: May 19, 2026 8:38 AM EDT | Last Updated: 11 minutes agoListen to this articleEstimated 1 minuteThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. (CBC)Canada's annual inflation rate rose to 2.8 per cent in April, Statistics Canada said on Tuesday, due to high energy prices — especially gasoline.The rise comes after high energy prices drove the inflation rate to 2.4 per cent in March.More to come
Canada's annual inflation rate rose to 2.8% in April, thanks to soaring energy prices | CBC News
Economists expected the rate to rise for the month, and it comes after the inflation rate climbed to 2.4 per cent the month before.











