February 5, 2026

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

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

About a dozen people, some holding umbrellas and shopping bags, are shown crossing an intersection.

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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