Tag: inflation:

Canada, inflation never so high in 40 years: 7.7%

TORONTO – Inflation rate skyrocketing. Or, better, never like this in almost forty years. To make the historic “picture” is Statistics Canada, which recorded – for the month of May – a percentage increase of 7.7% compared to the same month of 2021 it’s the largest increase since January 1983 when the inflation gained 8.2%. Not only that: the current + 7.7% represents a further increase compared to the + 6.8% of just a month earlier, i.e. April 2022. 

Inflation hits hard, hunger alarm

TORONTO – Inflation runs. With the 6.8% increase recorded in April, more and more Canadians could be at risk of starvation. It is the alarm launched by many experts since – accounts in hand – the paycheck is not enough to ensure a dignified life. Food has reached stellar prices, there is a real risk of not being able to put food on the table.