End of consumer carbon price drove inflation down sharply, Statistics Canada says

LILLEY: Liberals lied on the carbon tax, according to Statistics Canada data

Inflation dropped. Why? The consumer carbon tax was eliminated -- despite the Liberals claiming the levy wasn't making life more expensive.

Toronto (Canada), 20 May (EFE).- Inflation in Canada slowed down again in April and fell to 1.7 % year-on-year, six tenths less than in March, thanks to the disappearance of the carbon tax, said on Tuesday the public agency Statistics Canada (EC). Their data indicate that energy prices fell in the country by 12.7 % in April due to the disappearance of the unpopular carbon tax along with the global drop in the price of oil. Only the price of gaso…

Quebec is the only province that maintains its carbon tax system for consumers.

End of consumer carbon price drove inflation down sharply, Statistics Canada says

The end of the consumer carbon price at the start of April drove inflation down sharply, Statistics Canada said Tuesday, but there were signs of pressure building at the grocery store.

April inflation plummets to 1.7 per cent with the end of consumer carbon tax

The end of the consumer carbon price at the start of April drove inflation down sharply, Statistics Canada said Tuesday, but there were signs of pressure building at the grocery store.

Carbon Tax Removal Leads to April Inflation Drop

The country’s inflation rate dropped to 1.7 per cent in April, down from 2.3 per cent in March. Gas prices dropped by just over 18 per cent year-over-year in April according to Statistics Canada, due in large part to the end of the consumer carbon tax on fuel that came into effect April 1st. Grocery prices remain high however, rising at rates faster than the overall consumer price index three months in a row. The Bank of Canada is set to announc…