You'll have to fish out some extra coin from your pockets if you're planning to ride the Montreal metro, bus or train network this summer. The Autorité régionale de transport métropolitain (ARTM) has announced a fare increase of about 3%, starting July 1.
It comes as no surprise that the cost of living has increased exponentially over the last few years, particularly in tie to Canada's rise in inflation, which is the highest it's been in over three decades. Well, Quebec is seeing similar patterns as the province's inflation rate increased to a whopping 6.8% in April 2022. The Institut de la Statistique du Québec released its April update, and the Consumer Price Index (CPI), which measures change over time in the prices paid by consumers for goods and services, increased from 6.7% in March to 6.8% in April 2022.