StatCan reporting major price increases in everything from food to shelter

Statistics Canada is reporting major price increases in everything from food to shelter. Canadians are paying a lot more for goods compared to the same time last year.

In February prices for food went up 7.4 percent. This is the largest yearly increase since May 2009.

Meat prices increased. Fresh or frozen beef increased 16.8 percent and chicken went up 10.4 percent.

The price of eggs increased by 6.9 percent. Bread products have increased 3.7 percent.

Motorists paid 32.3 percent more at the pump compared with February 2021.

The price of shelter for both owned accommodation and rented accommodation also increased with owned accommodation increasing by 6.2 percent and rented accommodation increasing by 4.2 percent.