Canada's inflation decade-high

By Agence France-Presse

Jun 25, 2021 12:43 am

VANCOUVER: Canadians paid 3.6 percent more for goods and services in May than a year earlier, marking the largest yearly increase in a decade, the government statistical agency said on Wednesday.

Statistics Canada said low interest rates and rising consumer confidence - as vaccine rollouts picked up speed and public health restrictions started to be eased - helped fuel growing demand for durable goods.

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