Who’s standing up for Canada’s poorest families? While there has been near-total political consensus around the need for retaliatory tariffs, it’s Canada’s poor who may be paying the heaviest price, literally at the grocery store.
The latest inflation data, released Tuesday by Statistics Canada, show the extent to which Canada’s counter-tariffs on U.S. goods are driving up food prices here.
On a seasonally adjusted basis, food prices have jumped 4.4 percent since January (or 18 percent annualized). That’s the biggest three-month surge in food inflation in records going back to the early 1990s—and more sudden than even any three-month period during the pandemic.
Lower-income households feel this most acutely ...
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