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Home World Canada

The pandemic drove up inflation. How come, years later, we're still paying more?

21 July 2025
in Canada
0
The pandemic drove up inflation. How come, years later, we're still paying more?
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From 2021 to 2023, Canadians experienced significant price increases attributed to pandemic-related supply-chain issues and government spending, yet these “temporary” hikes have persisted post-pandemic, with inflation rates surging beyond typical levels. Economists attribute ongoing inflation to factors like corporate greed, market competition, and external shocks, including the Ukraine conflict and poor agricultural yields, leaving consumers to bear the costs.

Explain It To Me Like I’m 5: After the pandemic, Canadians continue to face persistent price increases that were initially attributed to temporary supply-chain issues and government spending, raising questions about whether these hikes are truly justified or if consumers are still being unfairly affected.

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