Says True Costs Much Higher

Canada’s official inflation rate reflects only a fraction of true increases in the cost of living, a former chief analyst with Statistics Canada said yesterday. Actual inflation is much higher than StatsCan’s benchmark Consumer Price Index, the Commons finance committee was told: “I am sure the inflation rate in Canada is much higher than 4.8 percent.”

This content is for Blacklock’s Reporter members only. Please login to view this content. (Register here.)

Back to Top