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Skip to content People shop in a grocery store in Montreal, Wednesday, November 16, 2022. After enjoying decades of a relatively low and stable inflation rate, Canadians spent 2022 grappling with the highest levels of inflation seen in nearly 40 years. THE CANADIAN PRESS/Graham Hughes OTTAWA — Some called it "Justinflation." Others called it "greedflation." But reality might be a lot less catchy than the wordplay that has taken off in Canadian politics this year. After enjoying decades of a relatively low and stable inflation rate, Canadians spent 2022 grappling with the highest levels of inflation seen in nearly 40 years. With the rising cost of living exacerbating pre-existing affordability concerns,politicians raced to point fingers at what — or who — they thought was really causing the problem. Sometimes, those fingers pointed at Prime Minister Justin Trudeau and his federal Liberals. "The more the government spends, the more Canadians pay," Opposition Leader Pierre Poilievre said in the House of Commons in November in French. "That is why we have the highest inflation rate in 40 years. It is ‘Justinflation.’" The Conservatives, led by Poilievre, have been adamant that government spending is what caused high inflation. Meanwhile, New Democrats say […]
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