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Inflation drops to 1.7% in April, driven by carbon tax removal
Posted
May 20, 2025
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7,937
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May 20, 2025
7,937
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1:46Now PlayingCanada's inflation rate eased to 1.7 per cent in April, driven by a drop in prices after the federal government removed the consumer carbon tax, according to Statistics Canada. However, core inflation measures — which exclude volatile goods such as gas — all rose in April, some above three per cent.
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