Latest inflation data reinforce Conservative messaging: ‘the battle is not finished,’ say observers

Inflation is ‘significant’ and ‘steady,’ and early gains may have come quicker than what remains to be achieved on the path to two per cent, said economist Don Drummond.

Treasury Board President Anita Anand, left, has asked ministers to submit their plans for spending cuts by Oct. 2, after Finance Minister Chrystia Freeland's 2023 budget called for a $15-billion reduction in spending over five years. Persistent inflation has led many economists to call for the government to rein-in spending.The Hill Times photograph by Andrew Meade

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BY IAN CAMPBELL

August 16, 2023

The latest numbers on the cost of living from Statistics Canada show that when it comes to taming inflation, “the battle is not finished,” says economist Don Drummond.

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