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Canada inflation hits 18-year high as Trudeau faces tight race

Canada inflation hits 18-year high as Trudeau faces tight race

Al Jazeera
Wednesday, September 15, 2021 06:43:38 PM UTC

With less than a week to go before Canadians cast their votes in federal elections, new inflation figures gave the opposition Conservatives fresh political fodder to use against Prime Minister Justin Trudeau’s Liberal Party.

If there’s one thing an incumbent candidate seeking re-election does not need, it is unwelcome news from the economic front.

But with less than a week to go before Canadians cast their votes in a tight federal election race pitting Prime Minister Justin Trudeau’s Liberal Party against the Conservatives headed by Erin O’Toole, the latest readings on Canada’s inflation provided fresh fodder for the opposition to seize upon.

Consumer prices in August rose 4.1 percent over the same period last year, Statistics Canada said on Wednesday.

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