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Reading: Inflation Fell to 1.8 Percent In February, Driven by 2025 GST Holiday: StatCan
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inflation-fell-to-1.8-percent-in-february,-driven-by-2025-gst-holiday:-statcan
Inflation Fell to 1.8 Percent In February, Driven by 2025 GST Holiday: StatCan

Inflation Fell to 1.8 Percent In February, Driven by 2025 GST Holiday: StatCan

Last updated: March 17, 2026 3:48 pm
By
Matthew Horwood
1 Min Read
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Canada

Inflation Fell to 1.8 Percent In February, Driven by 2025 GST Holiday: StatCan

People pay for their items at a grocery store in Toronto, Ont., on Nov. 22, 2022. Carlos Osorio/Reuters

Matthew Horwood

Matthew Horwood

3/16/2026|Updated: 3/16/2026

0:00

Canada’s annual inflation rate fell to 1.8 percent in February from 2.3 percent in January, according to a new Statistics Canada report.

The slowdown was “largely driven” by a monthly rise in prices in February of last year at the end of a two-month GST holiday introduced by the Liberal government of then-Prime Minister Justin Trudeau, according to StatCan’s March 16 report.

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