It’s not your imagination: Companies are more willing to raise their prices now — and it’s because we let them | CBC News ...Middle East

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It’s not your imagination: Companies are more willing to raise their prices now — and it’s because we let them | CBC News
Corporations are a lot more willing than usual to raise their prices lately, and it’s putting more of the burden of high inflation on consumers. That may not come as much of a surprise to anyone who has browsed a grocery aisle, kicked the tires at a car dealership or filled up a gas tank of late, but even the Bank of Canada is starting to take notice of the trend, as the central bank continues its battle to wrestle inflation into submission. Speaking to a parliamentary committee in Ottawa this week, the bank’s governor, Tiff Macklem, told lawmakers that the bank has noticed a troubling new trend coming out of the corporate sector. For much of the past few decades, any time businesses have

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