Conservatives accuse Statistics Canada of keeping Consumer Price Index ‘artificially low’ at first Finance hearing on inflation

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Conservatives accuse Statistics Canada of keeping Consumer Price Index ‘artificially low’ at first Finance hearing on inflation, by Matt_HorwoodHT cdnpoli (subs)

Conservative MP Adam Chambers questioned whether Statistics Canada was understating inflation by ‘shifting weights away’ from items that ‘have seen significant increases,’ while its chief statistician said the CPI remains a 'very robust indicator.'

Conservative MP Pierre Poilievre says Statistics Canada appears to be 'vastly underestimating the share of that inflation in the overall CPI calculation.'Conservative MPs took Statistics Canada officials to task during a House Finance Committee meeting Monday, accusing the agency of hiding the country’s true inflation rate by “artificially” adjusting the methodology of the Consumer Price Index .Enjoy unlimited website access and the digital newspaper.

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