Canada’s inflation rate hits 4.4% in September, highest level since 2003

Statistics Canada says the annual pace of inflation picked up in September to reach its highest level since February 2003.

Statistics Canada says the annual pace of inflation picked up in September to reach its highest level since February 2003.

The agency says its consumer price index in September was up 4.4 per cent compared with a year ago.

The reading compared with a year-over-year increase of 4.1 per cent in August.

More coming.