WINNIPEG – If your pocket is feeling a little lighter this summer than last, it’s not surprising.
Statistics Canada found the rate of inflation, or price increases, was higher in Manitoba last month than anywhere else in Canada.
Compared to July of last year, Manitoba’s inflation rate jumped three per cent.
Not far behind is Prince Edward Island with a hike of 2.2 per cent.
Our neighbours in Saskatchewan are paying around 1.6 per cent more.
“We’re seeing the PST going up, school taxes go up substantially in many parts of the province, hydro rates are up,” said Colin Craig, with the Canadian Taxpayers Federation. “That causes businesses to raise their prices too.”
Statistics Canada said Manitobans are paying more to register vehicles, more for cigarettes and more at the pump than the national average.
The Consumer Price Index mentions the one percentage point hike in the provincial sales tax that kicked in last month.
Susan Schmidt works two jobs to earn money and makes a point of scouring store flyers for the best prices.
“You have to do what you have to do to make a living,” said Schmidt. “Pay your bills and eat and live.”
Comments