Dont forget, the inflation rate calculation does not take the price of certain commodities into effect (like food and housing, for example ).
Let me expand on that. The posted inflation rate is tone deaf of the average working middle class family.
The real inflation rate is about 4 to 5 times higher then what is posted.
Something most people don't realize either is that since the 80s, they have manipulated the way inflation is calculated. That is a well known unarguable fact. Every government since the 80s (and yes...that includes conservative parties too) has had the inflation calculation method adjusted to make government appear more responsible than they really are.
Let me give you another example....and this is also 100% fact.
Stats can reported that the Trudeau Liberals created 40k jobs in Aug 2023 alone. What they didn't tell you was that Canada brought in 100k immigrants in the month of August 2023. That's a net deficit of 60k jobs. Again....grade 2 math....but MSM is bought and paid for so you never get the real numbers.
You have to be a free thinker and willing to ask questions and do your research in the world we live in these days...or you will be taken advantage of over and over again without knowing.....but then again....for many people, ignorance is bliss.....so why bother to find out....right?