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Taxation

SAQ pricing: The cheaper the wine, the more it’s taxed

Montreal, June 19, 2023 – Documents from the Société des alcools du Québec obtained by the Montreal Economic Institute through a request for access to information show that the least expensive private importations sold in stores are also the most heavily taxed.

Inflation No Longer Falling

Inflation in Canada is no longer trending downward. Statistics Canada announced yesterday that the 12‑month inflation rate had climbed to 4.4% in April 2023, up from 4.3% the month before.

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