Rapidly increasing shelter costs, removed affordability measures give Alberta highest annual inflation rate in Canada
Ballooning shelter costs and the lifting of two affordability measures last year have temporarily caused Alberta to have the highest annual inflation rate in the country — though the province should fall in line with the rest of Canada in the coming months, an economist says. The province’s consumer price index (CPI), the measurement used to describe to inflation, rose 4.2 per cent over the past 12 months, according to Statistics Canada data...
Ballooning shelter costs and the lifting of two affordability measures last year have temporarily caused Alberta to have the highest annual inflation rate in the country — though the province should fall in line with the rest of Canada in the coming months, an economist says. The province’s consumer price index (CPI), the measurement used to describe to inflation, rose 4.2 per cent over the past 12 months, according to Statistics Canada data...
