The cost of living in Canada went up by 1.3 per cent in the year ended in September, up from 1.1 per cent the previous month. Statistics Canada reported Friday that food prices were the biggest cause of the deceleration, as the food index posted its smallest year-over-year gain since February 2000. Food prices had risen sharply since the middle of 2015 due to the plunging loonie increasing costs for a whole host of imported produce. Pump prices were 7.9 per cent lower in September than they were the same month a year earlier. Inflation was in positive in every Canadian province, but by a smaller amount in only two provinces — Alberta and British Columbia.

Source: CBC News October 21, 2016 12:52 UTC