Here’s how Canada stacks up against other countries when it comes to high inflation
November 23, 2022
November 23, 2022
Advocacy
Decades-high inflation has Canadians worried about the rising cost of living, but as gloomy as things may seem, Canada appears to be faring better than many other major economies.
Inflation in Canada reached the highest levels since 1981 in the summer, with rates creeping steadily higher since the lifting of COVID-19 restrictions. Prices were up 8.1 per cent in June compared to a year earlier.
