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Inflation cooled to 2.3% in March as gas prices fell, StatCan says

OTTAWA — Canadians got a break on inflation in March as gas prices fell and a slowdown in travel to the United States helped cool airfare costs, Statistics Canada said Tuesday.  Read More 

Published Apr 15, 2025  •  < 1 minute read

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A vehicle is being filled with gas at a gas station in Edmonton on April 1, 2022.
A vehicle is being filled with gas at a gas station in Edmonton on April 1, 2022. Photo by David Bloom /Postmedia Network files

OTTAWA — Canadians got a break on inflation in March even without a tax holiday as Statistics Canada says the pace of price increases slowed last month. 

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The agency says the annual inflation rate was 2.3 per cent in the month, down from 2.6 per cent in February. 

StatCan says a drop in the price of gas helped ease prices for motorists in March. 

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