Taxpayers Federation Calls for Tax Relief for Canadians as Annual Inflation Grows by Nearly 7%
The Canadian Taxpayers Federation says the federal government must provide immediate tax relief following a Statistics Canada report which revealed that annual inflation grew by almost 7 percent.
Consumer prices increased by 6.9 percent year-over-year, according to Statistics Canada. The price of groceries grew by 11.4 percent, marking the highest annual growth since August 1981.
CTF Federal Director Franco Terrazzano said politicians are “asleep at the wheel” while Canadians can’t afford groceries.
“Politicians in other countries are making life more affordable, but Canadian politicians are hiking taxes,” Terrazzano said in a statement.
Ottawa recently increased alcohol taxes, payroll taxes, and gas taxes. As well, the federal government will impose a second carbon tax through fuel regulations beginning in July 2023….