According to the month-by-month CPI on the Statistics Canada website, Canada’s inflation rate rose from 4.3% last month to 4.4% this month. In Ontario, we saw a 0.4% increase from last month to this month. As the prices of essentials like gas, food and shelter go up, our ability to spend on the non-essentials goes down, and why it’s important to make conscious spending choices on a day to day basis. Investment advisor Alexandra Pyle speaks to Tricia Mason about what these statistics mean.