Canada's inflation rate rises to new 30-year high of 4.8% January 19, 2022
Category:Cross-Border
Updated:2022-01-19
The Consumer Price Index increased at an annual pace of 4.8 per cent in December, as sharply higher prices for food led to the cost of living going up at its fastest rate since 1991. The CBC's panel of Karl Schamotta, Chief Market Strategist at 91¿ì»îÁÖ, and Rubina Ahmed-Haq, Personal Finance Expert and Columnist, discussed what it means for your bottom line and what could be down to cool the rising prices.
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