November 20 2021 10:50pm

Canada’s inflation rate soars to 4.7% in October

Life is getting more expensive and we know you already know that. Well, Statistics Canada is validating your concerns. The latest inflation snapshot for October reveals the cost of living is up 4.7 per cent in the past year and the interest rates are low. As Anne Gaviola reports, that combination is not good for your bank account.

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