OTTAWA–Sharply falling energy prices took the steam out of inflation last month, cutting the overall rise in Canadians’ cost of living to 2.6 per cent, down from 3.4 per cent in September, while Toronto’s inflation rate dropped a full percentage point.
The inflation rate in Toronto fell to 2.7 per cent from 3.7, while Ontario’s rate dropped to 2.5 per cent, also from 3.7.
Consumer prices in Canada tumbled to their steepest one-month drop in nearly half a century, as falling energy prices chopped the annual inflation rate by almost a full point in September.
So thing are getting cheaper in Toronto! That is going to drive a nail in the side of the Union. I am starting to lean towards the Union becoming so undermined in many aspects that they cave.