While the U.S. fought the fever of inflation (see NATIONAL AFFAIRS), Canada took its price-control pills and kept its economic temperature down. But the Dominion, afraid that controls, like drugs, might be habit-forming, recently took controls off a long list of consumer goods, from candy bars to Cadillacs. Last week it authorized a 10% boost in rents. The economic temperature rose. This week Canada was running a low fever.
Nickel candy bars (which have been 6¢, including tax) are now 8¢; "dollar specials" in candy are $1.25. Meats, bananas, soap, canned goods, bakery products, are up.
Men's clothing is higher in many...
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