Inflation: Are monopolies to blame for higher prices in Canada?

Canada plans to welcome 1.5 million immigrants over the next three years but according to a report from Desjardins, the country isn’t on track when it comes to building housing. The report suggests Canada will need to ramp up the number of housing starts drastically to accommodate the influx of people.

The Canadian cannabis industry is in peril according to business leaders, owners, and producers in the legal weed space. The industry is calling on the federal government to rethink the high taxes being imposed on the sector, along with strict advertising rules.

And after months of expert testimony and as the country continues to deal with persistent inflation, the Senate has released a report that says the lack of competition across Canada is to blame for higher prices.

For more info, please go to For more top business and tech news, visit The Peak Daily at https://readthepeak.com/shows/the-peak-daily
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #thepeak