tax

Canada’s finance minister calls inflation rate dropping within target range a ‘milestone moment’

Canada’s inflation rate dropping to 2.8 per cent in June is a ‘milestone moment’ that Canadians should find some relief in, according to Deputy Prime Minister and Finance Minister Chrystia Freeland.

Canada’s inflation rate dropping to 2.8 per cent in June is a “milestone moment” that Canadians should find some relief in, according to Deputy Prime Minister and Finance Minister Chrystia Freeland. Down from 3.4 per cent in May, the annual inflation rate has not been within the of between one and three per cent since March 2021. “That is a significant moment. It should provide a lot of relief to Canadians,” Freeland said, speaking via teleconference with reporters from Delhi, following her participation in a G20 finance ministers’ meeting. “And I really want to thank Canadians, it has been a really tough time economically since COVID first hit, since we had a recession, followed by all the strains of reopening. And this is really a good moment.” The current rate is the lowest that inflation has been in more than two years, down from a high of 8.1 per cent in June of last year. And as Freeland pointed out, inflation in Canada is now lower than in every other G7 country, where rates range from 8.7 per cent in the UK to 3.2 per cent in Japan. “It has been a real struggle for Canadians and the Canadian economy…

Via Source

Related Posts

Grace loan advance

The Complete Beginner’s Guide to Grace loan advance

What is Grace Loan Advance? Grace Loan Advance is a financial service that provides short-term loans to individuals in need of immediate funds. The company has gained positive…

cost with insurance

6 Places To Look For A cost with insurance

6 Places To Look For A cost with insurance. Online insurance provider websites When looking for information about the cost of all-on-4 dental implants with insurance coverage, turning…

insurance cover

6 Super Useful Tips To Improve insurance cover

Tips for Understanding Your Insurance Coverage Understanding your insurance coverage is crucial in ensuring you are adequately protected in times of need. It is important to familiarize yourself…

home financing pre approval what you need to know 1

Home Financing Pre Approval : What You Need to Know

Home Financing Pre Approval. If you are planning to buy a home, one of the most important steps you can take is to get pre approved for a…

reeds tax service memphis tn

Reed's Tax Service Memphis Tn

Dukes accounting & tax services has been providing clients personalized tax, bookkeeping, and accounting services throughout the memphis and surrounding areas since 2006. Website directions products more info….

sales tax in cordova tn

Sales Tax In Cordova Tn

The shelby county trustee does not offer tax lien certificates or make over the counter sales. The current total local sales tax rate in cordova, tn is 9.250%….

Leave a Reply

Your email address will not be published. Required fields are marked *