Gasoline is up a whopping 41.7% from a year ago.

Economic News from RSM
by Tu Nguyen
Gasoline is up a whopping 41.7% from a year ago.
Inflation is proving to be persistent in Canada, with the Consumer Price Index increasing at an annual pace of 4.4% in September amid shortages of workers and supplies.
Soaring gas, oil and coal prices point to an energy shortage across the globe, from the United States to Europe and China. The crunch has the potential to turn into a crisis if not managed, and has already…
Continuing what has been a volatile year for consumers, Canada’s retail sales decreased by 0.6% in July compared to June, according to data released on Thursday by Statistics Canada.
Dr. Tu Nguyen is economist and ESG director for RSM Canada. She holds a doctorate in applied economics from Oregon State University, where she became a leading voice in environmental and natural resource economics globally.
Tu conducts research and analysis on sustainability, labor markets, the COVID-19 pandemic and infrastructure. Her work has provided invaluable insights for international organizations including the World Trade Organization and the United Nations, as well as for government agencies and industry leaders in the United States and Canada.
Before joining RSM, Tu worked as a research economist at Dalhousie University and a research and university lecturer at Oregon State University.
Tu also holds a bachelor of business administration in economics from Baruch College of the City University of New York.