Manitoba inflation rate lowest again
Advertisement
Read this article for free:
or
Already have an account? Log in here »
We need your support!
Local journalism needs your support!
As we navigate through unprecedented times, our journalists are working harder than ever to bring you the latest local updates to keep you safe and informed.
Now, more than ever, we need your support.
Starting at $15.99 plus taxes every four weeks you can access your Brandon Sun online and full access to all content as it appears on our website.
Subscribe Nowor call circulation directly at (204) 727-0527.
Your pledge helps to ensure we provide the news that matters most to your community!
To continue reading, please subscribe:
Add Brandon Sun access to your Free Press subscription for only an additional
$1 for the first 4 weeks*
*Your next subscription payment will increase by $1.00 and you will be charged $20.00 plus GST for four weeks. After four weeks, your payment will increase to $24.00 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
Hey there, time traveller!
This article was published 17/04/2024 (715 days ago), so information in it may no longer be current.
Manitoba has maintained the lowest rate of inflation across Canada for three consecutive months, new Statistics Canada data shows.
The Keystone province clocked a 0.8 per cent year-over-year increase in its inflation rate last March. Nationally, the rate rose slightly to 2.9 per cent.
Manitoba was the only province in January, February and March with a year-over-year inflation rate below one per cent.
The NDP government points to its provincial gas tax freeze.
“One of the first things we did was cut the provincial gas tax, saving you 14 cents a litre every time you fill up,” a statement from Finance Minister Adrien Sala’s office said.
“The decision has had a direct impact on inflation in Manitoba.”
Nationally, gas prices increased 4.5 per cent year-over-year in March. In Manitoba, gas prices declined 10.6 per cent.
The provincial government announced an extension to the temporary fuel tax freeze earlier this month. Instead of expiring in June, it will continue until the end of September.
In March 2023, Manitoba’s year-over-year inflation rate was 5.2 per cent. It led Canada’s provinces with the highest inflation rate that month.
The year prior, Manitoba saw a 7.4 per cent year-over-year inflation rate. At the time, only Prince Edward Island had a higher rate of inflation, at 8.9 per cent.
» Winnipeg Free Press, with files from The Canadian Press