ViewpointsOpinionCanada Faces Perfect Inflation StormSaveMark Us Preferred on GooglePrintA sign displays the price of a litre of regular grade gasoline at a gas station in Vancouver on March 8, 2022. The Canadian Press/Darryl DyckSteven Globerman3/22/2022|Updated: 3/23/2022CommentaryWith prices soaring at the pumps and the checkout line, Canada’s inflation rate (measured by the Consumer Price Index) hit 5.1 percent in January, the highest rate since 1991.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.