Chart 2: Faster pass-through of tariff costs leads to a sharper increase in inflation https://www.bankofcanada.ca/?p=245016 Broad tariffs, inflation pass-through over 1 year Broad tariffs, inflation pass-through over 2 years Broad tariffs, inflation pass-through over 3 years 0.000.000.00 0.660.360.26 0.450.651.25 0.551.760.84 0.662.271.04 0.521.880.91 0.410.791.38 0.800.920.41 0.840.450.43 0.720.170.42 0.590.080.48 0.390.020.52