Latest economic data shows consumer carbon tax was driving inflation
Canada’s inflation rate fell in April, driven in part by the lowering of the consumer carbon tax rate to $0 during the election campaign. However, many industries like food weren't as lucky.
Canada’s inflation rate fell in April, driven in part by the lowering of the consumer carbon tax rate to $0 during the election campaign. However, while energy prices steeply decreased, other industries, like food, weren’t as lucky and prices skyrocketed due to Prime Minister Mark Carney’s counter-tariffs and ongoing industrial carbon tax.