The annual rate of inflation accelerated sharply to 2.6 per cent in February as the federal government's temporary tax break came to an end mid-month, Statistics Canada said Tuesday.

Bond yields jumped and lenders shelved plans for a Spring mortgage rate sale as the cost of living in frosty Canada took a big turn in the wrong direction. Economists at BMO called the event “massive.

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It was a week when we learned what happens when you try to stand up to Trump's trade war (Canada, EU), and when ... push up inflation and keep interest rates higher for longer.

Canada's annual inflation rate rose to a higher than expected 2.6% in February, on broad-based increases, including the end of the GST/HST holiday on food and certain other items, Statistics Canada ...