Canadians continue to face elevated prices from pandemic-era inflation, initially driven by supply-chain issues and increased consumer demand. Despite a return to normal inflation levels, factors such as corporate greed, lack of competition, and external events like the Russia-Ukraine conflict have contributed to persistent price hikes across various goods, including food and energy.
Explain It To Me Like I’m 5: Canadians are still grappling with persistent inflation from pandemic-era price hikes, which were initially attributed to supply chain disruptions and increased consumer demand, raising questions about whether these increases were truly temporary.
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