On inflation indexing, Chrystia Freeland is ahead of her time

Questioned repeatedly about rising inflation during her appearance last week before the Commons finance committee, Finance Minister Chrystia Freeland acknowledged there is indeed “an affordability challenge, especially for the most vulnerable Canadians.”

The minister went on to extol the fact that benefits such as the Guaranteed Income Supplement for seniors, the Canada Child Benefit and GST credits for low-income households are indexed to inflation. “So, I think one piece of assurance that we can collectively offer to the most vulnerable Canadians is the benefits they depend on are actually going to be linked to the costs that they face in […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.