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Inflation ticked up 2.4 per cent last month, driven by food prices

Canada’s annual inflation rate rose to 2.4 per cent in December, driven primarily by higher prices for food at both restaurants and grocery stores.

Quinn Patrick
Jan 19, 2026
∙ Paid
Source: Adobe Stock

Canada’s annual inflation rate rose to 2.4 per cent in December, driven primarily by higher prices for food at both restaurants and grocery stores.

Excluding gasoline, the Consumer Price Index (CPI) increased three per cent last month, up from a 2.6 per cent rise in November.

When the mainstream media skips over the full story, we dig d…

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