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Inflation ticks up to 2.4% in December as last year's GST break impacts data

Canada's inflation rate ticked up to 2.4 per cent in December compared to the same period last year, when the federal government implemented a GST break that brought some prices down, Statistics Canada said on Monday.

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CBC
Political Correspondent
Published: 1/19/2026
Updated: 1/20/2026
8 min read
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CBC reports on Inflation ticks up to 2.4% in December as last year's GST break impacts data

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Canada's annual inflation rate ticked up to 2.4 per cent in December compared to the same period last year, when the federal government implemented a GST break that brought some prices down, Statistics Canada said on Monday.

The temporary tax cut, wh...

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Mike Chen2 hours ago

Finally some real action on climate change. This legislation is long overdue and I hope it passes quickly despite the opposition from oil-dependent provinces.

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Jennifer Walsh3 hours ago

As someone who works in Alberta's energy sector, I'm concerned about the economic impact. The transition fund sounds good in theory but will it actually help workers like me?