It’s a lot more than 7.7% at the grocery store. Prices are up 10-25%. With beef the prices jumped 30-50%.
Oh the bankofcanada was wrong and they are still wrong in how they are handling this.
All Canadians are being punished for electing a Liberal government.
With all the political pandering going on you can’t trust anything being asserted.
It’s transitory 😂
They are not wrong. Inflation is much higher already
CBC has been wrong OFTEN.
The cost of oil which affects the price of most things has to drop first.
Where’s Andrew Coyne on this? I thought questioning the BofC was a bad thing? Aka “right wing” conspiracy stuff
The central bank is TELLING you that the government has lost control of the economy and you're STILL trying to convince people that JustinTrudeau is a viable and effective PM. You guys are absolutely unbelievable. Go home , you're drunk.
Propaganda machine hard at work…… again
Bank of Canada has been a BIG FAILURE. That's what you get for being in bed with the Trudeau regime. CBC poor reporting on inflation rises didn't help, but was expected.
Yo! State propagandists. Why have I never seen an article from you guys saying: pharmaceuticals say their vaccines are safe and effective. But they've been wrong before.
Yeah, thanks to a recession, lol.
cbc just stop already nobody trusts a single article you put out
JustinFlation
They are not wrong.
And now we will waste money hosting the Pope? Really? Really?
“Inflation” will stop when governments acknowledge reality and act to punish colluding price gouging corporations.
Just remember you actually printed this pro liberal bovine excrement!
Not even close to peak yet... defundCBC
If CBC wrote this you know it is a lie
Gas taxes affect everything and the govt is enjoying this windfall of $$$ while they blame Russia for inflation. Are they going to blame China next? 🖕 Wake up people. The blame game is the oldest trick in the book
Also CBC. 'Everything is going as planned'.
The stabilization of supply chains is what we really need.
Remember 3 weeks ago when questioning the Bank of Canada was an alt-right conspiracy theory. 😂
We need a reset of this financial system
The pandemic response created these conditions. The solution is unwinding those responses, not raising interest rates. Raising rates should have been done a long time ago. they were kept low to placate the rich. Now they are doing it to punish the poor who can barely afford Gas.
They're almost always wrong, in this case I expect they are underestimati inflation
If the bank has bad news, it's not going to be fun... ever...
don_pittis is sucking on the PMO really hard. DefundCBC
Crest, but not go back to pre-inflation rates. Why isn't the CBC calling on the Liberal/NDP government to reduce GST (HST) ? The government is the LARGEST beneficiary of inflation.