Did company profits fuel inflation? Bank of Canada researchers say no - National | Globalnews.ca

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Did company profits fuel inflation? Bank of Canada researchers say no

that data they studied across a number of sectors showed that the contribution of changes in corporate markups to inflation was limited.

at a parliamentary hearing where they defended their “reasonable profitability” while insisting they are doing everything they can to keep prices low for Canadians, pinning the blame on suppliers and the global market.Most recently, in its latest quarterly earnings report July 26,

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