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Canadian Inflation in April Likely Saw a Big Drop as the Carbon Tax Ended - Action Forex

Summary by Action Forex
April’s inflation reading for Canada on Tuesday will be distorted again by tax changes with the removal of the consumer carbon tax on energy products at the start of the month. This builds upon previous distortions caused by the federal GST tax break between December 2024 and February 2025. We expect (after-tax) price growth in […] The post Canadian Inflation in April Likely Saw a Big Drop as the Carbon Tax Ended appeared first on Action Forex.
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Action Forex broke the news in on Friday, May 16, 2025.
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