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2012-03-23 at 11:16

Area inflation rate rises, now just below national average

By tbnewswatch.com
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Thunder Bay residents witnessed a sharp increase to the inflation rate during the final month of winter.

New Statistics Canada numbers show that the inflation rate for the Thunder Bay area rose to 2.7 per cent in February, which is 0.7 per cent higher than the two per cent recorded in January.

That puts Thunder Bay only slightly under the national rate, which was also recorded at 2.7 per cent.

Meanwhile. the provincial inflation rate was up to 2.9 per cent.

The highest rate of inflation recorded in February was 3.3 per cent in Quebec City.

Victoria had the lowest rate of inflation with 1.6 per cent.

 

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Comments

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wayne says:
that's it! I've had it with living in this loser city!...lol seriously though, nothing to worry about.
3/23/2012 3:54:55 PM
TBDR says:
So we have a normal inflation rate (on par with the average over a couple decades), and slightly less than most Canadian cities. If anyone makes a negative comment on this, they are out to lunch. But I bet it will happen anyway.
3/23/2012 4:55:01 PM
tsb says:
Typical Thunder Bay. Always being like all the other cities.
3/24/2012 8:25:44 AM
getreal says:
The problem with Thunder Bay is that you don't get proper wage increases or wages to begin with.

I am born and raised in Thunder Bay and since I left to go out west my wage increases have been staying well above inflation.

Would like to come back home but everytime I check into pay and wage increases in Thunder Bay they are usually way below inflation (If you even get a pay hike at all).

Out west you make enough money that your spouse can stay home with your children (if that's what you wan't).

In Thunder Bay both spouses usually have to work to make ends meet.

Maybe some people in Thunder Bay are getting 3% or 4% wage increases to stay above inflation, but nobody that I have heard of.
3/25/2012 7:05:59 PM
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