Rising food costs, property taxes push Manitoba inflation to highest in Canada
Manitoba tied for the highest inflation rate in Canada over the past year, and rising food costs are among the main reasons why.
Rising food costs, property taxes push Manitoba inflation to highest in Canada. Manitoba tied for the highest inflation rate in Canada over the past year, and rising food costs are among the main reasons why. Overall inflation increased by 4.3 per cent in Manitoba and Nova Scotia during the same period, according to the latest consumer price index data from Statistics Canada released Tuesday. That's compared with Canada-wide inflation rates that rose 2.8 per cent, due in part to the war in Iran fuelling rising costs. "I think everyone is concerned about how lengthy the Iranian conflict will be, and the longer it lasts, the more likely we'll actually see higher prices at the grocery store," said Prof. Sylvain Charlebois, director of the Agri-Food Analytics Lab at Dalhousie University. "Servicing a market like the Prairies is quite costly,...