33 Canada's inflation rate rises to highest level in a decade, at 3.6% (www.cbc.ca) posted 3 years ago by RubNTugJack 3 years ago by RubNTugJack +36 / -3 10 comments share 10 comments share save hide report block hide replies
not so bad if your government salary or welfare/pension benefits are indexed to inflation
the rest of us are getting screwed hard
I doubt I'll see the full 3.6% COLA. It's looking to be a tough budget year, and quite frankly the community is suffering enough.
Most public sector pensions I know of max out COLA at 2%