Inflation hits 18-year-high with election just days away

Inflation hits 18-year-high with election just days away

Inflation hits 18-year-high with election just days away Article content OTTAWA — Canada’s annual inflation rate accelerated to an 18-year-high in August, driven by broad upward price pressures, data showed on Wednesday, just days before a hotly contested federal election that could see Prime Minister Justin Trudeau’s Liberals ousted. Advertisement Article content The rate rose to 4.1% in August, its fastest clip since March 2003, Statistics Canada said, beating analyst estimates and prompting Trudeau’s main rival to pounce over the rising cost of living. tap here to see other videos from our team. Inflation hits 18-year-high with election just days away Back to video “The numbers released today make it clear that under Justin Trudeau, Canadians are experiencing an affordability crisis,” said Erin O’Toole, leader of the main opposition Conservatives, …
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