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Canada inflation at 2.4% in March as gasoline jumps 21.2%
NewsBytes | April 21, 2026 3:44 PM CST

Iran conflict pushes crude above $119

The conflict in Iran has sent oil prices on a rollercoaster, with crude jumping from $70 to over $119 per barrel before settling back down a bit.
While energy costs are driving most of the inflation right now, if you take out gasoline, Canada's inflation is actually slowing to 2.2%.
So for now, it's really those fuel costs that are making wallets feel lighter.


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