The cost of a Canadian passport is about to rise and plans by Prime Minister Mark Carney’s government to overhaul the way it sets prices could result in them being even more expensive in the future.

An order-in-council adopted in late January calls for the government to begin tying passport prices to the consumer price index (CPI). On March 31, the cost of a Canadian passport will rise by 2.7 percent, the CPI increase in April 2024.

For example, the price of a five-year passport applied for in Canada would rise to $123.24 while a 10-year passport applied for outside of Canada would cost $267.02.

However, in an impact statement accompanying the move, Immigration, Refugees and Citizenship Canada says that’s just the first step.

  • maplesaga@lemmy.world
    5·
    3 days ago

    We ballooned the cost of everything by handing out money, as the Bank of Canada funded the entirety of Covid debt with newly printed money and QE, and now hes raising taxes to pay for the expanded costs after every dollar was devalued.

    Is that deregulation in some way, or what does Neoliberal mean now?