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May 29, 2023
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Canada’s inflation nears 40-year high as gas prices soar

Soaring gas prices helped the annual inflation rate in May soar to its highest level in nearly 40 years, as the rising cost of living for Canadians squeezed household budgets and bolstered expectations the Bank of Canada will opt for a supersized interest rate hike next month. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/canada-s-inflation-nears-40-year-high-as-gas-prices-soar-1.5957713

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