Global National June 16 2021 8:22pm 01:50 Canada’s cost of living shows signs of accelerating Canada’s inflation rate shot up 3.6 per cent, the highest annual jump since 2011. Anne Gaviola explains what’s driving up the cost of living, and what could reverse the trend. Bank of Canada will move to cool inflation if price spikes look more permanent: governor Housing? Gas? Here are the sectors that may get more expensive amid rising inflation rate Canada’s inflation rate climbs 3.6% in May, largest yearly increase since 2011 REPORT AN ERROR Responsive site?