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Carson Jerema: Inflation and the official Liberal plan to make life more expensive

The Trudeau government’s policies and a timid Bank of Canada helped create the increasingly unaffordable world Canadians now live in

Don’t worry, it will get worse. Inflation soared 6.7 per cent in March, the highest in 30 years, and driven by a 40 per cent increase in gas prices year over year. This was, of course, before the federal carbon tax increased at the beginning of the month. Higher energy prices don’t just affect the cost of transportation, they contribute to inflated prices in every sector of the economy. Higher gas bills, which the Liberal government aims to be a permanent feature of Canadian life, means higher prices for food, clothing and anything moved by truck.

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