Inflation: + 5.1%. And the prices go up

TORONTO – Inflation at levels never seen in thirty years. And skyrocketing prices. This is what emerges from the latest Statistics Canada report, published today. In January 2022, Canadian inflation surpassed 5% for the first time since September 1991, rising 5.1% year-on-year and further up from the already substantial 4.8% surge recorded just two months ago, in December 2021.