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Finance committee Could you please clarify the question? As I understood it, you're interested in understanding whether we're seeing consumers make those substitutions.
March 31st, 2022Committee meeting
Taylor Mitchell
Finance committee We typically see the effects of substitutions when the CPI basket is updated. It will be updated this June. It was last updated last summer. At this point, for food products, for instance, we are seeing a number of increases across the board for major food categories. For meat,
March 31st, 2022Committee meeting
Taylor Mitchell
Finance committee Thank you for your question. I will respond in English. I can certainly get back to you with specifics, but what I can tell you right now is that the situation for housing in Quebec is certainly reflecting a number of the same pressures that we're seeing throughout the rest of
March 31st, 2022Committee meeting
Taylor Mitchell
Finance committee Gasoline is a component under our transportation component. Can you perhaps clarify the question?
March 31st, 2022Committee meeting
Taylor Mitchell
Finance committee There are certainly a number of factors that influence food prices as seen in the CPI. As you mentioned, they are certainly influenced by weather patterns and the ability to produce food. One factor that we're also seeing impact food prices right now is the price of transportati
March 31st, 2022Committee meeting
Taylor Mitchell
Finance committee Gasoline prices in Canada are certainly primarily impacted by international dynamics for oil. Currently, we are contending with both supply and demand factors. In terms of supply, we've seen OPEC Plus keep oil production at levels lower than we saw prepandemic. We saw those ini
March 31st, 2022Committee meeting
Taylor Mitchell