Albertans Hit Hardest By Inflation

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Albertans Hit Hardest By Inflation

EDMONTON, CANADA - OCTOBER 3, 2023: Display of Halloween-themed merchandise at a popular chain superstore, seen on October 3, 2023, in Edmonton, Alberta, Canada. Albertans Suffer as Inflation Hits Home Hard: A new report by Alberta Central reveals that Alberta has been hit the hardest by soaring inflation, with purchasing power down 3.6% since 2019. The main culprits are lagging wages and income growth, fueled by factors beyond the 2020 oil slump, such as strong migration and an adjustment after the energy boom. The 'Alberta Advantage' is fading rapidly as the province's economic landscape changes. (Photo by Artur Widak/NurPhoto)


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