Canada's Inflation Rate Is Cooling Off but Quebec Just Got More Expensive
4 Articles
4 Articles
Inflation in Canada Has Slowed, but This Is Far From Being the Case in Quebec and Here's Why
After the Yukon, Quebec has seen the highest inflation rate growth compared to other provinces and territories, according to the most recent data from Statistics Canada. And for that, we can thank the price of groceries, but especially the continued carbon tax. Also read: Here are the regions in Quebec where a liter of gasoline is currently the cheapest. At least, that's what emerges from the most recent report on the Consumer Price Index (CPI) …
Canada's inflation rate is cooling off but Quebec just got more expensive
If your grocery bill hasn't dropped lately, there's a reason for that, especially if you live in Quebec.According to new Consumer Price Index (CPI) data from Statistics Canada, Canada's inflation rate slowed to 1.7% in April, down from 2.3% in March. That national drop is mostly thanks to energy prices, which fell by 12.7% year over year, led by a massive 18.1% drop in gas prices. The removal of the federal carbon tax played a big role in that. …
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