OTTAWA (Reuters) -At the gas pumps and in the grocery store, on their utility bills and especially when looking for housing, Canadians are feeling the pinch of red-hot inflation and that could hurt the ruling Liberals in an upcoming federal election.
Canada's annual inflation rate accelerated to 3.7% in July, its fastest clip since May 2011, data showed on Wednesday, beating analyst estimates and prompting Prime Minister Justin Trudeau's rivals to pounce.
