Fiona Campbell is an editor with Forbes Advisor Canada. She started her career on Bay Street, but followed her love for research, writing and a good story into journalism. She is the former editor ...

Traditional core inflation and the central bank’s preferred inflation measures all picked up.

Inflation in Canada accelerated sharply in February as the federal tax holiday came to an end, pushing the inflation rate above the Bank of Canada’s target for the first time in seven months.

Inflation in Canada grew at the fastest pace in eight months, after a sales tax holiday that helped keep a lid on food and grocery prices ended in the middle of February.