Jack Mintz: Why Canada’s inflation rate is so high

[AJBot]

Canadians will find no solace in Statistics Canada’s Wednesday announcement of the September inflation numbers. Consumer prices rose 6.9 per cent in September from the previous year. Sure, that’s a notch below last month’s 7.0 per cent, but prices are still rising quickly, especially food at 10.3 per cent and shelter at 6.8 per cent. Together the two make up 45 per cent of the average household’s consumption. Read More ...

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