No, that is absolutely not the case, even though it obviously contributes in a very minor way to some price increases.
The biggest contributor to inflation is energy. Energy prices exploded in 2022. Canadians are very dependent on oil and petroleum products, so prices have skyrocketed. That increase has had a ripple effect on all prices. We are too dependent on energy, and we have to make changes.
The second contributor is housing. Canadians want houses. They want more space. This is a problem because people can afford to buy big houses and they live in their big houses and big apartments. That creates pressure, because we can't build housing quickly enough to accommodate everyone. Those are the two major contributors to inflation.