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.
Prime Minister Justin Trudeau is accusing Conservative Leader Pierre Poilievre of welcoming 'the support of conspiracy theorists and extremists,' after the Conservative leader was photographed meeting with protesters, which his office has defended.
The federal government's proposed change to capital gains taxation is expected to increase taxes on investments and mainly affect wealthy Canadians and businesses. Here's what you need to know about the move.
Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month.
One of the two pilots aboard an airplane carrying fuel reported there was a fire on the airplane shortly before it crashed and burned outside Fairbanks, killing both people on board, a federal aviation official said Wednesday.
On a night she should have been mourning, a nurse from Quebec's Laurentians region says she was forced to clean up her husband after he died at a hospital in Montreal.
The Edmonton Police Service has released a number of surveillance videos related to a series of extortion cases in the city now dubbed 'Project Gaslight.'
Ukraine for the first time has begun using long-range ballistic missiles provided secretly by the United States, bombing a Russian military airfield in Crimea last week and Russian forces in another occupied area overnight, American officials said Wednesday.
On a night she should have been mourning, a nurse from Quebec's Laurentians region says she was forced to clean up her husband after he died at a hospital in Montreal.
Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month.
The federal government's proposed change to capital gains taxation is expected to increase taxes on investments and mainly affect wealthy Canadians and businesses. Here's what you need to know about the move.
A Canadian expert warns eradicating an ever-increasing population of wild pigs in Manitoba likely won't be possible, but new money from the provincial and federal governments will help in the fight to get the invasive species under control.
A new humpback whale calf has been spotted in the Salish Sea, just south of B.C., marking the first calf of the 2024 season, the Pacific Whale Watch Association announced Wednesday.
A proposed repeal of Arizona’s near-total ban on abortions won approval from the state House Wednesday after two weeks of mounting pressure on Republicans over an issue that has bedeviled former U.S. President Donald Trump's campaign to return to the White House.
Houthi militants in Yemen have attacked what they said were two American ships and an Israeli vessel, the group's military spokesman said on Wednesday, the first such attack in more than two weeks.
Russia on Wednesday vetoed a U.S.-drafted United Nations Security Council resolution that called on countries to prevent an arms race in outer space, a move that prompted the United States to question if Moscow was hiding something.
One of the two pilots aboard an airplane carrying fuel reported there was a fire on the airplane shortly before it crashed and burned outside Fairbanks, killing both people on board, a federal aviation official said Wednesday.
Ukraine for the first time has begun using long-range ballistic missiles provided secretly by the United States, bombing a Russian military airfield in Crimea last week and Russian forces in another occupied area overnight, American officials said Wednesday.
Hamas released a video of Israeli-American hostage Hersh Goldberg-Polin on Wednesday, the first proof that he survived being badly wounded during his capture on October 7.
Prime Minister Justin Trudeau is accusing Conservative Leader Pierre Poilievre of welcoming 'the support of conspiracy theorists and extremists,' after the Conservative leader was photographed meeting with protesters, which his office has defended.
Prime Minister Justin Trudeau says he's not going to comment on the future of TikTok in the United States, but his own government will continue to look out for Canadians' security.
Prime Minister Justin Trudeau warned Saskatchewan Premier Scott Moe on Wednesday that the Canada Revenue Agency is 'very, very good' at getting the money it's owed.
The U.S. Food and Drug Administration said on Tuesday that it had found bird flu virus particles in some samples of pasteurized milk, but said commercial milk supply remains safe.
Doctors have transplanted a pig kidney into a New Jersey woman who was near death, part of a dramatic pair of surgeries that also stabilized her failing heart.
U.S. President Joe Biden signed legislation Wednesday that could ban TikTok in the U.S. while his campaign has embraced the platform and tried to work with influencers.
A new paper says a giant salmon that lived five million years ago in the coastal waters of the Pacific Northwest used tusk-like spikes as defense mechanisms and for building nests to spawn.
Prime Minister Justin Trudeau says he's not going to comment on the future of TikTok in the United States, but his own government will continue to look out for Canadians' security.
It's a midweek lunchtime on an unassuming residential street in Vauxhall, south London. There aren't many people about – the occasional dog walker, a few runners, a couple of delivery drivers. I'’s pretty much what you’d expect on a drizzly work day.
A photographer who worked for Megan Thee Stallion said in a lawsuit filed Tuesday that he was forced to watch her have sex, was unfairly fired soon after and was abused as her employee.
Blink and you'll miss the new trailer for director Zoe Kravitz's upcoming thriller starring Channing Tatum. Kravitz unveiled the first trailer for 'Blink Twice,' her directorial debut, on Tuesday and it’s every bit as creepy as the title sounds.
The federal government's proposed change to capital gains taxation is expected to increase taxes on investments and mainly affect wealthy Canadians and businesses. Here's what you need to know about the move.
The hugely popular Chinese app TikTok may be forced out of the U.S., where a measure to outlaw the video-sharing app has won congressional approval and is on its way to U.S. President Biden for his signature. In India, the app was banned nearly four years ago.
British competition regulators said Wednesday they'll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry.
A portrait of a young woman by Gustav Klimt that was long believed to be lost was sold at an auction in Vienna on Wednesday for 30 million euros (US$32 million).
Canada's Denis Shapovalov advanced to the second round of the Madrid Open tennis tournament with a 6-4, 3-6, 6-3 win over Argentina's Facundo Diaz Acosta on Wednesday.
A made-in-China electric vehicle will hit North American dealers this summer offering power and efficiency similar to the Tesla Model Y, the world's best-selling EV, but for about US$8,000 less.
Tesla's first-quarter net income plummeted 55 per cent as falling global sales and price cuts sliced into the electric vehicle maker's revenue and profit margins.
Josef Newgarden’s win in IndyCar’s season-opening race at St. Petersburg was disqualified Wednesday because Team Penske manipulated its push-to-pass system during the race, making Pato O’Ward the winner.
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.
At 6'8" and 350 pounds, there is nothing typical about UBC offensive lineman Giovanni Manu, who was born in Tonga and went to high school in Pitt Meadows.
Kevin the cat has been reunited with his family after enduring a harrowing three-day ordeal while lost at Toronto Pearson International Airport earlier this week.
Crown counsel was unable to approve "significant" drug and weapons charges stemming from an arrest in Quesnel, B.C., last year because the officers involved "refused to provide any evidence," according to a report from the province’s police watchdog.
The Ontario government says it will be raising the speed limit along certain stretches of provincial highways soon, including Highway 401 and Highway 403.
New condo sales in the Toronto region dropped to the lowest quarterly total since the financial crisis in 2009 amid high interest rates and affordability issues, a new report has found.
Officers with Southern Alberta’s district crime reduction unit were investigating property crime in Mountain View County when they recovered a substantial amount of it.
The National Capital Commission has purchased the old Dunnderosa Golf Course in Chelsea, Que., as part of its plan to acquire private properties in Gatineau Park.
On a night she should have been mourning, a nurse from Quebec's Laurentians region says she was forced to clean up her husband after he died at a hospital in Montreal.
The Quebec government has awarded the organization that manages Montreal's Olympic Stadium up to $40 million to pay for repairs and decontamination after a March 21 fire.
The Edmonton Police Service has released a number of surveillance videos related to a series of extortion cases in the city now dubbed 'Project Gaslight.'
There are 63 wildfires burning in Alberta's forest protection area as of Wednesday morning and seven mutual aid fires, including one in the Municipal District of Peace.
A funeral will be held Wednesday afternoon in Bedford, N.S., for a 16-year-old boy who died earlier this week following an incident near the Halifax Shopping Centre.
A throwing star and crossbow were among the seizures by police as part of a drug trafficking investigation on George Gordon First Nation and in Punnichy, Sask. last week.
Saskatchewan police caught 454 impaired drivers around the province in March. Of those, 142 are facing Criminal Code charges and the other 312 faced licence suspensions, according to a news release from Saskatchewan Government Insurance (SGI).
A Saskatchewan woman who was taken for an involuntary mental health assessment is entitled to find out who had her committed, a provincial court judge has ruled.
The Ontario government says it will be raising the speed limit along certain stretches of provincial highways soon, including Highway 401 and Highway 403.
The speed you travel on sections of 400 series highways in our region is increasing. The province says it will raise the speed limit to 110 km/h on multiple sections, including some in the London region.
The London Knights went out in the offseason and acquired the goaltender they believed could lead them to a championship. So far, so good as Michael Simpson is a perfect 8-0 in the post season.
U.S. Marshals joins search for Deshawn Davis, one of Canada’s most wanted, accused of the kidnapping of Elnaz Hajtamiri in Wasaga Beach January 2022 and the suspect in a nightclub shooting that took place in May of last year.
It was mid-October 2018 when Eric Spencer was last seen in Honey Harbour, a full-scale search by the OPP for the then 60-year-old from Thornbury scaled back when the search came up empty.
If musicians are the sole focus of a commercial event, those performers should be paid for their efforts. That's according to a local musician who set up an online petition after the Town of Essex issued a call for artists to perform at their annual summer concert series for free.
A member of the Brothers Keepers gang in British Columbia, which police describe as an 'extremely violent organized crime group,' has been sentenced to 11 years in prison on drug-trafficking charges.
To appreciate the two posters hanging in Stephen Campanelli’s laundry room, which he’s had for more than 40 years, you need to know he’s been a Clint Eastwood fan for even longer.
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.
Major crime detectives in British Columbia are investigating a suspected homicide after a body was found in a remote area southeast Kelowna over the weekend.
Wildfires in Alberta and B.C. appear to be getting off to an early start this year. Both province's wildfire services are doing what they can to prepare for what's expected to be a tough summer.
The Ontario Provincial Police, in partnership with the Treaty Three Police Service, have charged a suspect with murder following a homicide in a remote northwestern Ontario community.
Newfoundlander Christian Sparkes has shot several films around his home province, but with his new psychological thriller 'The King Tide' he saw an opportunity to wander into one unique town that had eluded him over the years.
The Department of Fisheries and Oceans says two people were found dead and four others survived after a boat capsized off the west coast of Newfoundland.