While Canadians Struggle, Energy Corporations Are Laughing All the Way to the Bank

The profitability of energy and mining corporations in Canada has contributed to the inflation crisis by driving up prices, while other industries struggled to pass on increased costs to consumers, according to a report by Statistics Canada. The report highlights the concentrated nature of inflationary pressures and calls attention to the failure of policymakers to address the issue at its source, allowing energy corporations to profit while consumers bear the burden of rising costs.