If it seems like everything from gasoline to groceries is costing you more these days, it is because it is.
Inflation topped 5% in Canada for the first time in over 30 years.
The annual rate of inflation data was released this mornig and it hit 5.1% in January. The massive jump is related to a number of factors and price increases. The biggest items seeing an increase include gasoline, groceries and housing.
The Bank of Canada is expected to implement several rate hikes this year, to help cool inflation. The first rate announcement is scheduled for two weeks from today.

Oxford OPP Lay Charges After Warrant Execution
Camping Season is Open at Pittock
Application Window Open for Oxford County Grants Program
PJHL Preview - Schmalz Cup Final
Oxford Winds Celebrates 30 Years
Nomination Period Opens for Municipal Election
Theft in Thamesford is Under Investigation
Winning Lotto 6/49 Ticket Sold in Oxford
Thamesford Lions Club Celebrates 65 Years
Yellow Frost Advisory Issued for Oxford
News Poll: Schmalz Cup 2026
Realtors Care Food Drive Returns Next Week
PJHL Playoff Recap - April 29th
Charges Laid After Altercation in Woodstock
New Partnership Protects Land in Oxford
Bomb Threat Unfounded in Woodstock
Big Projects Announced for TVDSB
Tick Season Reminders from Southwestern Public Health
PJHL Playoff Recap - April 28th
Highway Construction Approaching in Burgessville
Comments
Add a comment