Price easing - MoneySense

Price easing

The consumer price index fell to its lowest point in nearly two years thanks mainly to drops in the cost of gas.

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  • Annual inflation fell to 1.2% last month to lowest the consumer price index reading in almost two years, according to Statistics Canada. Gas prices saw their first year-over-year drop in nearly two years with pump prices down 2.3% in May. Clothing and cars saw price reductions too.
  • How much do you pay in payroll and income taxes? Here’s a breakdown by province courtesy of Invest It Wisely bloggers:

Chart of salary and Payroll Costs in the 10 Provinces, 2012

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