Key Takeaways:
- In June, consumer inflation in Manitoba was the second-highest in the country, according to recently released Statistics Canada data.
- The annual consumer inflation rate in Canada climbed by 8.1% in June. Manitoba had the second-highest rate in the country, behind PEI, at 9.4%.
According to recently released Statistics Canada data, Manitoba saw the second-highest consumer inflation in the nation in June. Premier Heather Stefanson states she is working to address this issue.
According to Syd Davies, the cost of food and other necessities keeps rising at the grocery shop.
The difficulty of balancing the budget has increased significantly, according to Davies.
Davies claims to have noticed the meat counter’s jump in particular.
“What can you do? The price of steak has drastically dropped.”
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Stefanson promised to take action and stated that the government is considering ways to reduce inflation.
To make certain that Manitobans have the means necessary to feed their children, clothe them, and transport them to community centers, said Stefanson.
Stefanson declined to provide details but did add that a statement on affordability would be made soon.
“Stay tuned; I think we’ll have some fascinating stuff to say soon.”
According to Statistics Canada, the annual rate of consumer inflation in Canada increased by 8.1% in June. The 2nd highest rate in the nation, behind PEI, was in Manitoba with 9.4%.
The two main drivers are food and gas.
While filling up his car, the driver, Buchi Mkanda, feels discomfort.
It has been “brutal, like my car typically takes 80 to fill up, now like 120,” said Mkanda. “That’s why I’m only putting in 30 today, just to make it the week and then to the next payday.”
Driving needs a vacation, he claimed.
“At this point, it’s out of control. Anything to help us out.”
Josh Brandon from the Winnipeg Social Planning Council says he favors increasing social assistance, freezing rent, and providing short-term benefits to families with low and moderate incomes. He is not in favor of a universal tax decrease.
According to Brandon, the province must concentrate those efforts on the families that are most in need.
According to Davies, a tax break is the greatest choice.
Davies remarked, “I’d want the government to decrease taxes because it will give me more money to deal with inflation.”
Source: CTV News
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