Inflation annualized, when you include House and Car pricing both new and used  and, understand the CDN govt is politically low-balling the CPI Consumer Price Index  based inflation as 6.5% year over year, month to month,  is likely actually  16% or higher... for many  consumable essentials we are seeing inflation as high as t 30% plus in one year (Gas prices) 

'Back to the 70s' shite now going on everywhere... in lockstep , coordinated across many corrupted Federal governments worldwide who subscribe to acquiring loans from big  private banks to bring money into creation in great gobs, killing your buying power, everytime the government pays for government employees , programs or public works.

Where do those private banks get their money? From the Central Bank Network which is PRIVATELY owned or Controlled, this is even the case with the Bank of Canada.

Controlled by who? The Major Share interest voting control of these private Central Banks who have received a charter a long time ago from Politicians none of us remember, is largely held by the Rockefeller CADRE of interests in North America with Rothschild CADRE of insterests controlling most al of the private central banks  Europe, Africa, India and both sharing control of  China, with the Rothschild controlled  and privately held Bank of International Settlements "BIS" in Basel the major clearing house for Central bank balance of payment adjustments.

The Private, non backed issue of debt based FIAT Note currency posing as money in this private bank/private central network is  illegal racketeering on a global scale,  executed daily at your buying power's  expense,  given this huge private central bank globalist network controls the effective printing of money issued to other private banks , through their overnight lending windows to which only these big private banks have access.

Answer to fix this? Stop using their crap FIAT money: that is  barter/trade, exchange old silver coins or newly minted 1/4th and 1/10th ounce gold  and 1/2 and 1 ounce silver bullion coins and larger  bars for bigger transactions, use private crypto like Monero, Dash, Zcash or AAAR Private Chain for person to person transactions, and  local retail, services, warehousing, manufacturing need to do the same.  

The WEIMAR inflation monster is here in Canada, so save yourself and your family and friends by doing the above. 

There I said it.