Canada’s Inflation Hits 3% — And One Number Explains Most of the Pain
ABE NEWS | MONDAY, AUGUST 17, 2026 Canada just got another inflation warning. The country’s annual inflation rate climbed to 3.0% in July, reaching the top of the Bank of Canada’s 1%–3% inflation-control range. But before blaming rent. Or groceries. Or wages. Look at one number: 25.7%. That’s how much gasoline prices increased compared…