Energy reflected the cooling as prices fell 0.6 per cent year-over-year. Gasoline prices are leading the drop, StatCan says, with a 4.7 per cent difference year-over-year — "the first yearly decline since January 2021."
"Inflation is cooling more than what was typically expected," David George-Cosh, BNN Bloomberg reporter, told CTV News Channel on Tuesday. "But when you drill down into some of the details, it's unlikely to really convince Canadians that the worst is really behind us."
February marks the seventh consecutive month of double-digit food inflation, StatCan says.
This pressure is largely due to supply constraints from extreme weather in some regions and higher costs of animal feed, energy and packaging materials.
Pasta products continue to increase in price, with a 23.1 per cent year-over-year difference in February. This is an upward trend from January, which had a year-over-year increase of 21.1 per cent.
Fruit juice had the largest increase in price from January to February 2023, data from StatCan shows. In January, the product had a year-over-year difference of 5.2 per cent; this rose to 15.7 per cent year-over-year in February.
According to StatCan, the quick rise in the cost of fruit juice is led by the increased price of orange juice specifically.
"The supply of oranges has been impacted by citrus greening disease and climate-related events, such as Hurricane Ian," the CPI report reads.
William Huggins, lecturer of corporate finance and business economics, explained supply chains are under pressure from many areas.
"We've had, for instance, problems with avian flu...There are problems with African swine fever in China, we've had trouble getting enough employees to come back post pandemic with their steel supply chains," Huggins told CTV's Your Morning on Wednesday. "We've seen this not just in Canada, but also in the United States as well. So rather than people thinking it's very much a homegrown problem, it's much more of a North American logistic problem."
Oranges on their own have not increased quite as dramatically between January and February of this year. According to the data, in January oranges had a year-over-year increase of 14.1 per cent, which rose to 15.1 per cent year-over-year in February.
Similarly, apples rose in price year-over-year to 16.6 per cent in February, a 4.5 per cent increase from January.
Some areas did see prices slowing, StatCan said.
Meat products decreased to 6.2 per cent year-over-year, though this is a smaller decrease than in January.
But Canadians aren't seeing decreases in all types of meat.
Fresh or frozen poultry remained high, as StatCan pegged the year-over-year increase at 10.7 per cent in February, a slight increase from January.
Fish, seafood and other marine products increased by 1 per cent from January's year-over-year marker to 7.4 per cent year-over-year in February.
Fresh or frozen beef saw a reduction in February, with a year-over-year increase of 2.4 per cent compared to January's 3.7 per cent difference.
Buyers of some types of produce are seeing a cooling effect as well, including the costs of lettuce and tomatoes.
Lettuce in January rose to 32.8 per cent year-over-year, but dropped the next month to 20.2 per cent compared to February 2022.
Tomatoes in January had a 21.9 per cent year-over-year increase, which dropped to 7.1 per cent year-over-year in February.
According to the survey, 78.5 per cent of those who noted a mistake reported the most common error was that the price at the cash register was not the same price displayed on the shelf. About one-third of respondents said the daily discount was not applied and a total of 31.4 per cent claimed the cashier scanned an item too many times.
A majority of people said they check receipts for mistakes as they exit the store, before getting home. However, the survey notes not all Canadians have the habit of checking for mistakes; only half said they always check, while 3.3 per cent never do.
"As for frequency of mistakes, 79.2 per cent of respondents claim that they find at least no mistakes on their receipts, at least 10 per cent of the time," the press release reads. "A total of 15.2 per cent will find at least one mistake on their receipt, 25 per cent of the time."
Note: data for some specific grocery items are available only nationally, and are not available by province. Can't see the interactive above? Click here.
Energy and Natural Resources Minister Jonathan Wilkinson says the federal government is 'not interested' in subsidizing future liquefied natural gas (LNG) projects, including the electrification of projects currently in the works.
An election-year roast of U.S. President Joe Biden before journalists, celebrities and politicians at the annual White House correspondents' dinner Saturday.
The number of measles cases around the world nearly doubled from 2022 to 2023, researchers say, presenting a challenge to efforts to achieve and maintain elimination status in many countries.
The rise of remote and hybrid work has made it harder to justify a full office, so more are leaning on co-working spaces that they share with many others for convenience and cost savings. The choice, however, comes at the expense of privacy and control.
Trudeau recently appeared on four podcasts as he travels the country talking up the Liberals' latest budget, which he's pitching as a plan to inject more economic fairness into society for those under 40 — a cohort that has kept Trudeau in power since 2015 but is increasingly turning to Conservative Leader Pierre Poilievre.
Aerial photos posted by Chinese state media on Sunday showed the wide devastation of a part of the southern city of Guangzhou after a tornado swept through the day before, killing five people, injuring dozens others and damaging over a hundred buildings.
Russian drones early Sunday struck the Black Sea city of Mykolaiv, setting a hotel ablaze and damaging energy infrastructure, the local Ukrainian governor reported, while ammunition shortages continued to hobble Kyiv's troops in the more than two-year-old war.
Security was tight around a military base in southwestern Cambodia on Sunday, a day after a huge explosion there killed 20 soldiers, wounded others and damaged nearby houses.
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
A number of LGBQT+2s groups in Central Alberta are pushing back against a request from the Red Deer South UCP constituency to reinstate MLA Jennifer Johnson into the UCP caucus.
The lawyer for a residential school survivor leading a proposed class-action defamation lawsuit against the Catholic Church over residential schools says the court action is a last resort.
Security was tight around a military base in southwestern Cambodia on Sunday, a day after a huge explosion there killed 20 soldiers, wounded others and damaged nearby houses.
Harvey Weinstein’s lawyer said Saturday that the onetime movie mogul has been hospitalized for a battery of tests after his return to New York City following an appeals court ruling nullifying his 2020 rape conviction.
Russian drones early Sunday struck the Black Sea city of Mykolaiv, setting a hotel ablaze and damaging energy infrastructure, the local Ukrainian governor reported, while ammunition shortages continued to hobble Kyiv's troops in the more than two-year-old war.
Aerial photos posted by Chinese state media on Sunday showed the wide devastation of a part of the southern city of Guangzhou after a tornado swept through the day before, killing five people, injuring dozens others and damaging over a hundred buildings.
An election-year roast of U.S. President Joe Biden before journalists, celebrities and politicians at the annual White House correspondents' dinner Saturday.
Iraqi authorities on Saturday were investigating the killing of a well-known social media influencer, who was shot by an armed motorcyclist in front of her home in central Baghdad.
Energy and Natural Resources Minister Jonathan Wilkinson says the federal government is 'not interested' in subsidizing future liquefied natural gas (LNG) projects, including the electrification of projects currently in the works.
Trudeau recently appeared on four podcasts as he travels the country talking up the Liberals' latest budget, which he's pitching as a plan to inject more economic fairness into society for those under 40 — a cohort that has kept Trudeau in power since 2015 but is increasingly turning to Conservative Leader Pierre Poilievre.
Polish President Andrzej Duda says while no decision has been made around whether Poland will host nuclear weapons as part of an expansion of the NATO alliance’s nuclear sharing program, his country is willing and prepared to do so.
The number of measles cases around the world nearly doubled from 2022 to 2023, researchers say, presenting a challenge to efforts to achieve and maintain elimination status in many countries.
A Sherwood Park family says their new house is uninhabitable. The McNaughton's say they were forced to leave the house after living there for only a week because contaminants inside made it difficult to breathe.
State-sponsored actors targeted security devices used by governments around the world, according to technology firm Cisco Systems, which said the network devices are coveted intrusion points by spies.
TikTok is in the crosshairs of authorities in the U.S., where a new law threatens a nationwide ban unless its China-based parent ByteDance divests. Here are the places that have partial or total bans on TikTok.
The Hubble Space Telescope has captured a stunning new image of the glowing gas ejected from a dying star, which in this case happens to resemble a 'cosmic dumbbell.'
Harvey Weinstein’s lawyer said Saturday that the onetime movie mogul has been hospitalized for a battery of tests after his return to New York City following an appeals court ruling nullifying his 2020 rape conviction.
Taking place in May in Malmo, Sweden, the 68th annual competition will see acts from 37 countries vie for the continent’s pop crown in a feelgood extravaganza that strives — not always successfully – to banish international strife and division. And you don’t have to be in Europe to watch, or to help pick the winner.
The rise of remote and hybrid work has made it harder to justify a full office, so more are leaning on co-working spaces that they share with many others for convenience and cost savings. The choice, however, comes at the expense of privacy and control.
The federal and Quebec governments are spending close to $100 million to boost the country's manufacturing capacity for semiconductors, which are vital in technologies ranging from artificial intelligence to quantum computing.
An idyllic 453-acre private island is up for sale off the west coast of Scotland and it comes with sandy beaches, puffins galore, seven houses, a pub, a helipad and a flock of black-faced sheep.
During a special winner celebration near their hometown, Doug and Enid shared the story of how they discovered they were holding a Lotto Max ticket worth $70 million and how they kept this huge secret for so long.
Canadian football observers thought it could happen, and on Saturday, it did. Towering offensive lineman Giovanni Manu – who was born in Tonga and grew up in Pitt Meadows, B.C. – became the first player from the University of British Columbia ever to be selected in the NFL draft.
Ford’s electric vehicle unit reported that losses soared in the first quarter to US $1.3 billion, or US$132,000 for each of the 10,000 vehicles it sold in the first three months of the year.
Honda is set to build an electric vehicle battery plant next to its Alliston, Ont., assembly plant, which it is retooling to produce fully electric vehicles, all part of a $15-billion project that is expected to include up to $5 billion in public money.
As if a 4-0 Edmonton Oilers lead in Game 1 of their playoff series with the Los Angeles Kings wasn't good enough, what was announced at Rogers Place during the next TV timeout nearly blew the roof off the downtown arena.
Mounties in Nanaimo, B.C., say two late-night revellers are lucky their allegedly drunken antics weren't reported to police after security cameras captured the men trying to steal a heavy sign from a downtown business.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
A family from Laval, Que. is looking for answers... and their father's body. He died on vacation in Cuba and authorities sent someone else's body back to Canada.
As the Lower Mainland's Filipino community gathered in South Vancouver for Lapu-Lapu Day on Saturday, one of the festival's organizers set its sights on creating a future focal point for such gatherings.
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
The special teams unit has become a strength for the Canucks, particularly in the first-round playoff series against the Nashville Predators which the Canucks lead 2-1 heading into Sunday's Game 4.
Brad Marchand became the Bruins' all-time leading playoff goal-scorer and added an assist as Boston suffocated the Toronto Maple Leafs 3-1 on Saturday to take a 3-1 lead in the teams' first-round playoff series.
One person has been charged with second-degree murder in connection with the death of a man who fell from a balcony following an altercation inside a Toronto apartment building.
It was a long-awaited reunion at the Calgary International Airport Saturday as Ossama Zaqqout hugged his parents, who had just arrived after fleeing the war in Gaza.
Montreal says public transit trips were up between 15 and 20 per cent among people age 65 and over in the six months after it made the service free for local seniors.
Quebec provincial police say a 51-year-old woman has died after a head-on collision in the town of Lachute, roughly 50 kilometres west of Montreal, early this morning.
A Sherwood Park family says their new house is uninhabitable. The McNaughton's say they were forced to leave the house after living there for only a week because contaminants inside made it difficult to breathe.
A Toronto-based restructuring firm says several bidders have offered to buy all or part of SaltWire Network and The Halifax Herald, the two insolvent companies that operate Atlantic Canada's largest newspaper enterprise.
“This is the largest year we’ve had”: annual provincial strongman competition sees record levels of participation and support with 55 athletes taking part
With heavy wind gusts expected along Lake Manitoba and Lake Winnipeg this weekend, the provincial government is warning residents and property owners about potential ice pileups.
On Saturday, in a display of cross-cultural solidarity, members of the Indigenous and Palestinian communities gathered in Saskatoon for an event steeped in prayer and dance.
The Saskatoon Police Service (SPS) and Saskatchewan Coroners Service are investigating after a woman’s body was found at a recycling facility Friday morning.
Environment Canada issued a severe thunderstorm watch for several communities in northeastern Ontario on Saturday afternoon – primarily the Greater Sudbury area and West Nipissing.
The Municipality of French River has been under a flood watch since Thursday evening and many residents told CTV News that they fear the already high water levels combined with the rain forecasted in the coming days may cause more widespread flooding.
London’s Victoria Park was filled with colours Saturday afternoon as those attending Holi threw coloured water and powders into the air in a celebration of spring and unity.
Campus police are investigating after homophobic slurs were carved into the door of the University of Windsor’s Campus Pride Centre earlier this month.
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
The lawyer for a residential school survivor leading a proposed class-action defamation lawsuit against the Catholic Church over residential schools says the court action is a last resort.
Out of more than 9,000 entries from over 2,000 breweries in 50 countries, a handful of B.C. brews landed on the podium at the World Beer Cup this week.
Search and rescue crews have been called in after a vehicle belonging to a missing senior was located near a rural intersection outside of Kelowna Tuesday.
Environment Canada issued a severe thunderstorm watch for several communities in northeastern Ontario on Saturday afternoon – primarily the Greater Sudbury area and West Nipissing.
About 100 delegates from around the province travelled to Timmins, Ont., for its annual general meeting and convention at Cedar Meadows Resort and Spa.
Legendary sportscaster Bob Cole was a Newfoundlander through and through, and his daughter says his connection to the province was 'everything' to him.
As more Canadians find themselves struggling to afford or find housing, the country's smallest province is the only one that can point to legislation recognizing housing as a human right.