Saturday, January 17, 2026

Heat-flation? Report Says Canadian Government Tried to Rename Inflation to Blame It On Climate Change

Recent reports circulating online have claimed that the Canadian government considered renaming “inflation” to terms like “heat-flation” or “climate-flation” to link rising prices with climate change. 

According to Blacklock’s Reporter, a paywalled news service focusing on Canadian federal politics, the Privy Council Office allegedly conducted a focus group in April to test public reception of terms like “climate-flation” and “heat-flation”. The report suggests this was an attempt to associate the rising cost of living with climate change.

It’s important to note that there is no evidence that this proposal ever moved beyond the exploratory stage or that it was seriously considered by senior government officials. The Canadian government has not made any official statements or policy changes regarding the renaming of inflation.

Inflation, as defined by economists, refers to a general increase in prices and fall in the purchasing value of money. Its causes are complex and multifaceted, including factors such as monetary policy, supply chain disruptions, and global economic conditions.

While climate change can impact certain prices, particularly in agriculture due to extreme weather events, it is not typically considered a primary driver of overall inflation by mainstream economists.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

Video Articles

Why Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Recommended

NexGen Launches 42,000 Metre Drill Program At PCE While Expanding Mineralized Footprint

First Majestic Hits 2025 Guidance, Producing 31.1 Million Silver Equivalent Ounces, Increases Dividend

Related News

Bank of Canada Prepares to Aggressively Tackle Inflation

The show must go on! Despite growing uncertainty surrounding geopolitical tensions in eastern Europe and...

Saturday, March 26, 2022, 01:05:00 PM

BoC Governor Tiff Macklem Reiterates Inflation is Still Transitory, But ‘Not Short-Lived’

Bank of Canada Governor Tiff Macklem recently sat down with the CTV’s Question Period to...

Tuesday, November 9, 2021, 04:20:00 PM

Stellantis Sounds Alarm Over Structural Inflationary Pressures

Major automaker Stellantis NV has joined the growing list of companies sounding the alarm over...

Wednesday, July 21, 2021, 12:19:54 PM

Still Transitory? US Core Consumer Prices Jump By Most in 30 Years

All eyes today were on the Bureau of Labour Statistics’ latest CPI print, which showed...

Tuesday, July 13, 2021, 12:04:00 PM

Federal Government Proposes to Extend CERB Program, Could Cause Current $60 Billion Budget to Double

In response to the financial hardships many Canadians suddenly faced in wake of the coronavirus...

Thursday, June 11, 2020, 05:57:00 PM