Inflation jumps to 2.4% in March driven by Iran war oil shock, StatCan says
The annual rate of inflation accelerated to 2.4 per cent in March as the war in Iran sent fuel costs soaring, Statistics Canada said Monday.
The annual rate of inflation accelerated to 2.4 per cent in March as the war in Iran sent fuel costs soaring, Statistics Canada said Monday.
Iran says it has reopened the Strait of Hormuz to commercial traffic, but a University of British Columbia economist says it could be a while before any calm returns to rattled global oil markets.
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A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled U.S. President Donald Trump imposed without the constitutional authority to do so is scheduled to launch Monday.
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