44th Parl. 1st Sess.
March 21, 2024 10:00AM
- Mar/21/24 11:18:38 a.m.
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Madam Speaker, the inflation rate in February was 2.8%, way below 3.1% expected by the private sector economists. It is much below the 8.2% that we saw in mid-2022. The grocery rate, food inflation, is 2.4%, way below the 3.4% in January, and well below the 11% that we saw in 2022 and 2023.
Could the member explain how this lowering inflation rate and the increase in the carbon rebate that low-income families are going get this year will help them cope with the rising cost of living?
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