According to the link below, in which year did Canada experience the highest rate of inflation? What is the answer for question 2:

Expert Answers

An illustration of the letter 'A' in a speech bubbles

When we follow the instructions in the link that you have provided, we find this page.  It shows us the consumer price index for the entire country of Canada (as opposed to the CPI for each province) in the time frame of 2007 to 2011.  During that time, we can see that the year in which the inflation rate was the highest was 2011.  In that year, we can see that the percent change in the CPI from the previous year was 2.9%.  This is the highest for the five years given.  The next highest was 2008 when the CPI climbed 2.3% from the previous year.

Approved by eNotes Editorial Team

Posted on

Soaring plane image

We’ll help your grades soar

Start your 48-hour free trial and unlock all the summaries, Q&A, and analyses you need to get better grades now.

  • 30,000+ book summaries
  • 20% study tools discount
  • Ad-free content
  • PDF downloads
  • 300,000+ answers
  • 5-star customer support
Start your 48-Hour Free Trial