Month: March 2025

The spectre of inflation is coming back

TORONTO – A number of goods have been exempted from the federal sales tax from December 14 to February 15, promoted by former Prime Minister Justin Trudeau. An initiative that, now, could have consequences on prices and inflation. According to some economists interviewed by Reuters, in fact, that the annual rate of purchases will rise to 2.2% (in February, the figure for which will be released tomorrow by Statistics Canada), compared to 1.9 percent in January.